Business News

Morgan Stanley Says It Lost Nearly $1 Billion Following Archegos Disaster

Still, the firm managed to report net revenues of $15.7 billion for its first quarter.


Morgan Stanley dice que perdió casi $ 1 mil millones después del desastre de Archegos

Aún así, la firma logró reportar ingresos netos de $ 15,7 mil millones para su primer trimestre.

Business News

An Investor Made $20 Billion, Then Lost It All in Just 2 Days

Bill Hwang amassed an immense fortune before losing it entirely after his lenders started selling his positions to pay off his debt to them.