Seth Merrin

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Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today:

How Archegos pushed the limit on risky trades and sent shockwaves through Wall Street 
Goldman interns will be working in the office this summer, according to an email the bank sent yesterday
Firms including UBS are looking to hire more SPAC-focused junior bankers 
David Lang, a Goldman partner and head of the firm’s Salt Lake City office, is retiring

A second investment consultant has put PIMCO on watch

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The dramatic implosion of Bill Hwang’s Archegos reveals big risks still lurk in swaps markets and could trigger a fresh round of regulatory crackdowns

The most striking thing about the implosion of Archegos Capital Management, the family office of Tiger Cub Bill Hwang, was not the suddenness of the crash but how innocuous its origins were. here. 

UBS is looking to hire more SPAC-focused junior bankers as rapid-fire …read more


Source:: Businessinsider – Finance

      

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