UBS, Nomura push global banks' Archegos losses over $10 billion
BUSINESS
April 27, 20214 min read, 806 words

UBS, Nomura push global banks' Archegos losses over $10 billionUBS, Nomura push global banks' Archegos losses over $10 billion

 in yahoo.com
Published: April 27, 2021  |  4 min read, 806 words
Read full articleBrenna Hughes NeghaiwiBy Brenna Hughes NeghaiwiZURICH (Reuters) -UBS reported an unexpected $774 million loss on Tuesday from the collapse of U.S. investment fund Archegos, taking the total hit to global banks from the stricken family office beyond $10 billion.Th...
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