Hedge fund poisoning, "ARK Gos."
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Hedge fund poisoning, "ARK Gos."
The case of the rather non-named American hedge fund, Archegos Capital Management, has damaged ทดลองเล่นสล็อต xo many famous global banks. Due to the default of the hedge fund, the additional margin is deposited in the margin account. This is a scandal in Wall Street at the end of March the past.
More recently, information began to reveal how much damage each bank has suffered. After the first episode, only two banks, "Nomura" and "Credit Suisse", were disclosed quite clearly to investors. Other banks are ambiguous.
Analysts initially estimated that all banks lending to Arcegos would likely incur approximately $ 6 billion in losses or losses, but recently found that the total damage exceeded $ 10 billion and that shocked investors. Is the case with UBS bank Which is the largest Swiss financial institution in the world Was damaged from Arcagos as well
The shocking is because UBS previously did not send any signal to the market or investors were wary of damage. Until the first quarter results were announced Stating that the damage from the ArcGos case was $ 774 million
"Storm Uru" Lion Trust Global Divide Fund manager said the surprising thing is They had not disclosed it earlier, as did "Maria Rivas," senior vice president of DBRS Morning Star, surprisingly that UBS had not been identified. Any point on the market before that it was affected by this problem. It uses the same method as "Morgan Stanley" who disclosed the damage on the day of earnings announcement.
The reason that the case of "UBS" is surprising because all along. In the eyes of investors, UBS is a safer global bank than any other. It also focuses on wealth management and lending within Switzerland only about 10 years ago, UBS cut its investment banking or investment banking business in the wake of the global financial crisis. But still operates a large stock business, including a brokerage business. Until come to face the problem from ARC Gos |
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