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.

Until a few weeks ago, lenders thought Archegos Capital Management was safe. Last week, they were holding a financial fire sale for its assets. The simplest explanation is the banks didn’t hold ...

The founder of fund management firm Archegos may spend the rest of his life behind bars after his speculative bets cost global investment banks $10 billion in combined losses three years ago.

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 ...

Archegos Capital Management founder Sung Kook "Bill" Hwang was convicted by a jury in Manhattan federal court on Wednesday at a criminal trial in which prosecutors accused him of market ...

The battering to Wall Street banks from Archegos Capital Management topped $10 billion after Switzerland’s UBS and Japan’s Nomura reported fresh hits caused by the fund’s collapse.

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.