888 7th Ave, a building in NEw York that reportedly houses Bill Hwang’s Archegos Capital Management. Photo: Reuters
Credit Suisse unloads US$2.3 billion of stocks linked to Bill Hwang’s Archegos as bank chief departs in management shake-up
- Swiss bank hits the market with block trades tied to ViacomCBS, Vipshop Holdings and Farfetch that totalled more than US$2 billion at current prices
- Investment banking chief Chin is set to leave, with his exit to be announced as soon as Tuesday, according to people familiar
Follow your favourite topic and get notified
888 7th Ave, a building in NEw York that reportedly houses Bill Hwang’s Archegos Capital Management. Photo: Reuters