Archegos Mulls All Options After Debacle


Mar.30 — Bill Hwang’s Archegos Capital Management breaks its silence on the block trade saga, saying all plans are being discussed. Stocks, the center of the $24 billion selloff, came under pressure amid concerns of damage. JPMorgan estimates that the industry could lose as much as $5 billion from unwinding of positions. Bloomberg’s Dani Burger reports on “Bloomberg Daybreak: Europe.”