Morgan Stanley, Wells Fargo, and Nomura Holdings were involved in prime brokerage for Archegos Capital Management and underwriting for Paramount Global.
1 report, 1 independent
Updated Jul 14
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What happened
Morgan Stanley, Wells Fargo, and Nomura Holdings were involved in prime brokerage for Archegos Capital Management and underwriting for Paramount Global.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Archegos Capital Management incurred a trading loss after using over-borrowed money to invest in stocks.Sub-event
Major banks like Morgan Stanley, Wells Fargo, and Nomura were involved in prime brokerage and underwriting for Archegos and Paramount Global.1 source
Keep exploring
The entities involved
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Archegos Capital Management
privately-held investment company in the United States
Nothing else this week.
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CBS Studios
American television production company
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Morgan Stanley
U.S. investment bank
Coverage
Newest first; wire copies grouped- BloombergMorgan Stanley, Goldman to Settle Lawsuit Over Archegos Trades (Bloomberg) -- ViacomCBS Inc. investors who sued Morgan Stanley, Goldman Sachs Group Inc. and Wells Fargo & Co. for dumping the media co