888 7th Ave, a building in NEw York that reportedly houses Bill Hwang’s Archegos Capital Management. Photo: Reuters
888 7th Ave, a building in NEw York that reportedly houses Bill Hwang’s Archegos Capital Management. Photo: Reuters
Stocks
Business /  Banking & Finance

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

BloombergReuters
Bloomberg and Reuters

Updated: 4:23pm, 29 Apr, 2021

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888 7th Ave, a building in NEw York that reportedly houses Bill Hwang’s Archegos Capital Management. Photo: Reuters
888 7th Ave, a building in NEw York that reportedly houses Bill Hwang’s Archegos Capital Management. Photo: Reuters
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