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A Blockbuster Wall Street Trial Begins.

Authors :
Sugiura, Alexander
Fox, David
Gura, David
Source :
Bloomberg.com; 5/7/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Bill Hwang, the former hedge fund manager of Archegos Capital Management, is currently on trial facing charges of market manipulation, wire fraud, racketeering, and other crimes. Despite his financial success, Hwang maintained a modest profile and was known for his religious convictions. His trial is expected to have significant implications for Wall Street, as it will shed light on his actions and could potentially result in increased regulation for family offices and more disclosure requirements for similar situations in the future. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
177080937