Morgan Stanley profit surges, flags nearly $1 billion Archegos loss
newsdepo.com
Morgan Stanley was one of six banks that had exposure to Archegos Capital Management, a family office fund that defaulted on margin calls late last month and triggered a firesale of stocks across Wall Street.Morgan Stanley profit surges, flags nearly $1 billion Archegos loss
Morgan Stanley was one of six banks that had exposure to Archegos Capital Management, a family office fund that defaulted on margin calls late last month and triggered a firesale of stocks across Wall Street. Read more