Archegos founder Bill Hwang to face trial in October 2023

Bill Hwang, the Archegos Capital Management founder accused of saddling banks with $10 billion of losses from highly leveraged trades that went sour, will go on trial in October of next year on racketeering and fraud charges, a U.S. judge said on Thursday. Hwang was arrested in April and pleaded not guilty to charges related … Continue reading Archegos founder Bill Hwang to face trial in October 2023