Two Blokes

Morgan Stanley, Goldman, Wells Fargo reach settlement tied to Archegos collapse

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    Posted by Two Blokes Jul 14 - Filed in General - #TwoBlokesTrading  - 3 views
    Morgan Stanley , Goldman Sachs and Wells Fargo will pay a total of $120 million to settle a lawsuit claiming they hid conflicts of interest while sales of ViacomCBS shares helped fuel the collapse of Bill Hwang's Archegos Capital Management.