Hwang’s Spectacular Collapse Culminates in Criminal Charges [Yahoo! Finance News]
Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI)
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credit-suisse.com/articles/media-releases/2017/04/en/usoi-launch-pr.html
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Source: Yahoo! Finance News
Hwang’s Spectacular Collapse Culminates in Criminal ChargesChristian Berthelsen and Bob Van VorisApril 27, 2022, 3:27 PM·7 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 Patrick Halligan, the chief financial officer of Archegos, was also arrested and charged with fraud. They pleaded not guilty and will be released on bail.The collapse of Archegos – Hwang’s family office that was virtually unknown even on Wall Street – exposed gapi
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- UBS Group (UBS) Announces a New Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
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- UBS announces a new share repurchase program of up to $2B [Seeking Alpha]Seeking Alpha
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Sec Filings
- 4/19/24 - Form 424B2
- 4/5/24 - Form 6-K
- 4/3/24 - Form SBSE/A
- USOI's page on the SEC website