{
Patrick Duff

People

}

former UBS vice chair advocates leniency for Archegos founder Bill Hwang

Former UBS Vice Chair Bob Foresman has joined calls for leniency for Bill Hwang, founder of Archegos Capital Management, who faces sentencing for fraud and market manipulation. Hwang, convicted of misleading banks to inflate trading capacity, could receive up to 200 years in prison. Supporters emphasize his philanthropic efforts and commitment to faith, urging the court to consider his character over the financial losses incurred during Archegos' collapse.
Yahoo Finance
United States Dollar UBS Group AG Credit Suisse Anlagestiftung USA Bill Hwang Patrick Duff Julian Robertson Alvin Hellerstein Bob Foresman Show more
TradFi, News Article
21:35 11.11.2024
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