Topic

Archegos

US indicts Archegos founder Hwang for fraud, market manipulation

Published 28 Apr, 2022 05:37am

NEW YORK: US authorities have charged Archegos founder Bill Hwang and the firm’s chief financial officer with...

Published 14 Feb, 2022 06:47am

ZURICH: Credit Suisse plunged into the red in 2021, shaken by the meltdowns at Greensill and Archegos that resulted...

Published 29 Jul, 2021 11:44am

Excluding Archegos and other significant items, Credit Suisse said pre-tax income would have dropped 11%

Published 28 May, 2021 11:21am

Dominik Gross, of the Swiss Alliance of Development Organisations, predicted that Swiss lawmakers would be reluctant to change.

Published 28 Apr, 2021 03:18am

ZURICH: UBS reported an unexpected $774 million loss on Tuesday from the collapse of US investment fund Archegos,...

Published 22 Apr, 2021 05:26pm

Its shares fell 5.7%, with analysts pointing to the further Archegos hit and dilution caused by the issuance announced on Thursday of bonds convertible into 203 million shares.
In response, the bank is cutting its prime brokerage business, which caters to hedge fund clients, by about a third.

Published 22 Apr, 2021 11:13am

The US family-owned hedge fund run by former Tiger Asia director Bill Hwang had taken huge bets on a few stocks with money borrowed from banks.

Published 19 Apr, 2021 11:44am

Venditti said he expected to see an RWA inflation at Credit Suisse from the second quarter.

Published 01 Apr, 2021 08:03pm

Published 30 Mar, 2021 09:12pm

Losses at Archegos, a family office run by former Tiger Asia manager Bill Hwang, sparked a sell-off in bank stocks on Monday as investors feared they would be forced to take big write-downs after extending billions of dollars in leverage to the fund.
Global lenders may lose more than $6 billion on Archegos, sources familiar with trades involving the US investment firm have said.

1D 5D 3M 6M 1Y

Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.45 ▲ 0.3 (13.95%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)
Leather Up Ltd. / Jul 21 Leather Up Limited(LEUL)	50.58 ▲ 4.6 (10%)
National Silk / Jul 21 The National Silk & Rayon Mills Limited(NSRM)	329.37 ▲ 29.94 (10%)

Stock	Price
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	7.52 ▼ -0.8 (-9.62%)
Frontier Ceramics / Jul 21 Frontier Ceramics Limited(FRCL)	98 ▼ -7.79 (-7.36%)
Imperial Limited / Jul 21 Imperial Limited(IML)	22.53 ▼ -1.48 (-6.16%)
Dadex Eternit / Jul 21 Dadex Eternit Limited(DADX)	90 ▼ -5.7 (-5.96%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	435 ▼ -25.42 (-5.52%)
D.M. Corporation / Jul 21 D.M. Corporation Limited(DMC)	186.80 ▼ -10.73 (-5.43%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	23.81 ▼ -1.3 (-5.18%)
Jubilee Spinning / Jul 21 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	51.01 ▼ -2.78 (-5.17%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	104,186,399 ▲ 0.19
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	49,640,667 ▲ 0.3
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	49,039,257 ▲ 0.41
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	26,535,213 ▲ 2.65
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	16,158,822 ▲ 0.03
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	15,970,379 ▲ 0.53
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	15,797,838 ▲ 0.03
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	15,529,382 ▲ 1.04
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	10,954,192 ▲ 0.17
Unity Foods Ltd / Jul 21 Unity Foods Limited(UNITY)	9,719,441 ▲ 0.67