Bill Hwang’s Spectacular Collapse Culminates in Criminal Charges [Yahoo! Finance News]
Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI)
US:NASDAQ Investor Relations:
credit-suisse.com/articles/media-releases/2017/04/en/usoi-launch-pr.html
Company Research
Source: Yahoo! Finance News
Bill Hwang’s Spectacular Collapse Culminates in Criminal ChargesChristian Berthelsen and Bob Van VorisApril 27, 2022, 11:42 AM·6 min read() -- Bill Hwang, the enigmatic investor behind one of the most spectacular trading debacles in Wall Street history, was arrested Wednesday morning over what federal prosecutors characterized as a vast, criminal scheme to mislead banks and manipulate markets.Most Read from A year after the collapse of Hwang’s private investment firm, Archegos Capital Management, sent shock waves through global finance, prosecutors provided their first full account of what happened inside the firm – and new details about the scale of Hwang’s trading and the origins of his strategy.Hwang was charged with fraud and is expected to appear in Manhattan federal court later today. Patrick Halligan, the chief financial officer of Archegos, was also arrested and charged with fraud.The collapse of Archegos – Hwang’s family office that was virtually unknown even on Wall Street –
Show less
Read more
Impact Snapshot
Event Time:
USOI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
USOI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
USOI alerts
High impacting Credit Suisse X-Links Crude Oil Shares Covered Call ETN news events
Weekly update
A roundup of the hottest topics
USOI
News
- UBS Group AG (UBS) and Apollo conclude investment management and transition services agreements as final step in carve-out of former Credit Suisse Securitized Products business, Atlas SP [Yahoo! Finance]Yahoo! Finance
- Ex-Credit Suisse Client Indicted Over Hiding Money From IRS [BNN Bloomberg (Canada)]BNN Bloomberg
- Why the Liberals' 'dangerous' pursuit of Canada's pension billions keeps falling flat [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Two Passports, Fake Names: IRS Says Credit Suisse Client Cheated [BNN Bloomberg (Canada)]BNN Bloomberg
- Ex-Credit Suisse Customers Face Grand Jury Probes Over Taxes [BNN Bloomberg (Canada)]BNN Bloomberg
USOI
Sec Filings
- 3/28/24 - Form IRANNOTICE
- 3/28/24 - Form 20-F
- 3/27/24 - Form 6-K
- USOI's page on the SEC website