More to come from Archegos fallout? - a podcast by BBC World Service

from 2021-03-31T01:36

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Another financial lender has warned it could lose billions after a crisis at a US investment fund sent shockwaves through markets. Japan's Mitsubishi UFJ joins the banks Credit Suisse and Nomura in disclosing big potential losses in recent days.At the centre of this is the previously little-known company, Archegos Capital Management. Despite all the concern over what has been happening at Archegos and its creditors, the equity markets appear to be taking it all in their stride with the main indices little moved during the days trading. Jamie Robertson asks Joe Saluzzi at Themis Trading in New Jersey if there were problem that might not yet be visible beneath the surface.

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