LONDON/NEW YORK (Reuters) - Investors on Wednesday tallied the fallout from Archegos Capital s dramatic meltdown, with Nomura and Credit Suisse shares losing a collective $9 billion while heightened scrutiny of the hedge fund industry loomed. The downfall of Archegos, a family office run by former Tiger Asia manager Bill Hwang, has rocked a handful of stocks that have been linked to the fund s massive margin call while weighing on shares of banks that did business with the New York-based fund. Investors said it could also increase scrutiny of family offices while making money managers more wary of holding stocks that have experienced large, unexplained moves like many of the shares linked with Archegos margin call did.
Hedge fund fallout wipes over $9 billion from market value of Credit Suisse, Nomura
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Archegos fallout wipes over $9 billion from market value of Credit Suisse, Nomura
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Archegos fallout wipes over $9 billion from market value of Credit Suisse, Nomura
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Archegos fallout wipes over $9 billion from market value of Credit Suisse, Nomura
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