Discover why a "Lehman Moment" became a global financial crisis trigger, impacting economies worldwide. Learn from the 2008 ...

Bill Hwang, the once obscure hedge fund manager whose leveraged bets detonated into a $10 billion margin-call disaster, is now asking the White House to wipe his record clean. After an 18-year prison ...

Archegos Capital Management founder Bill Hwang is seeking a presidential pardon for his conviction in a high-profile Wall ...

The veteran US investor was sentenced to 18 years in jail after being convicted in the high-profile Wall Street case.

In 2024, Hwang was found guilty by a jury on charges of fraud and market manipulation. Prosecutors successfully argued that ...

Wall Street's largest banks witnessed healthy growth last year from their prime brokerage units, as they earned handsome fees ...

A compliance officer is facing charges for laundering $7 million in a complex legal case in Switzerland. Swiss prosecutors have charged Credit Suisse, and one of its former employees, with failing to ...

Switzerland’s attorney general filed criminal charges against UBS UBS1.71%increase; green up pointing triangle and a former Credit Suisse compliance officer, saying they failed to take steps to ...

The Swiss federal prosecutor's office said it charged Credit Suisse and its current owner UBS Group in a case related to Mozambique's so-called tuna bonds scandal, citing what it called shortcomings ...

NEW YORK, Oct 15 (Reuters) - Wall Street's multibillion-dollar prime brokerage machinery is firing on all cylinders. Sign up here. The prime brokerage business on Wall Street has benefited this year ...

A London court dismissed a claim brought by a Credit Suisse fund against Japan's SoftBank Group that sought to recover losses linked to collapsed specialty-finance firm Greensill Capital. London's ...