Morgan Stanley , Goldman Sachs and Wells Fargo will pay a total of $120 million to settle a lawsuit claiming they hid ...

ViacomCBS investors are seeking final court approval for a $120M settlement with Goldman Sachs (NYSE:GS), Morgan Stanley ...

ViacomCBS Inc. investors who sued Morgan Stanley, Goldman Sachs Group Inc. and Wells Fargo & Co. for dumping the media ...

New details revealing how Archegos Capital Management founder Bill Hwang hid his fund's extreme exposure from its lenders raise fresh questions about the risk management policies at these global ...

The dramatic implosion of Archegos Capital Management is another warning to Wall Street about the dangers of hefty leverage and speculative behavior fueled by rock-bottom interest rates.

Enormous losses at Archegos Capital Management have cast a rare spotlight on the growing influence of below-the-radar institutions around the globe called family offices. These firms, which manage ...

Manhattan federal prosecutors arrested and criminally charged the owner, Bill Hwang, and his former top lieutenant in one of the highest-profile Wall Street prosecutions in years.

Archegos founder Bill Hwang pleaded not guilty Wednesday to racketeering and fraud charges related to the collapse of his private equity firm, which was allegedly behind a massive market ...

What caused Archegos to implode? On March 22, 2021, ViacomCBS, which at the time was Archegos’s biggest holding, announced a $3 billion secondary stock offering, leading to a 10% drop in its shares.

The former chief financial officer of Archegos Capital Management was sentenced on Monday to eight years in prison over his role in the firm’s 2021 collapse, which cost Wall Street banks more ...

The proposed $120 million settlement would close the book on a legal challenge alleging the Wall Street banks failed to ...

The dramatic implosion of Archegos Capital Management is another warning to Wall Street about the dangers of hefty leverage and speculative behavior fueled by rock-bottom interest rates.