Hedge fund boss Bill Hwang causes Wall Street panic | Financial

Billy Hwang, hedge fund manager. Wall Street is now massively selling stocks associated with its fund.

Ⓒ BLOOMBERG

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Amsterdam – Investors on Wall Street have panicked over the collapse of Archegos, billionaire Bill Hwang’s hedge fund. Morgan Stanley, Goldman Sachs and Deutsche Bank, among others, released nearly $ 30 billion worth of shares in the fund before the weekend. The fear is that the ‘fire sale’ is not over yet.

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