Investor Invoice Hwang set off a storm within the inventory market in March when his agency, Archegos Capital Administration, and its banks, started liquidating enormous positions in blue-chip firms, in response to individuals acquainted with the transactions. The gross sales despatched particular person shares swooning and have left at the least three banks with main harm. As a household workplace – a agency typically created to deal with the investments of a single rich particular person and a small circle round them – Archegos was primarily unregulated. Please be part of us for a panel dialogue with Professors Gina-Gail Fletcher, Elisabeth de Fontenay, Jim Cox, Lee Reiners, and Lawrence Baxter on why Archegos failed, who acquired harm, and what must be achieved about it.
Sponsored by the World Monetary Markets Heart.
supply
