Mar.29 -- Wall Street banks are grappling with the fallout from the implosion of Bill Hwang’s Archegos Capital Management. Sources say the SEC summoned the banks for hasty meetings on Monday to dig in to what triggered one of the biggest fund blow up in years. It has also drawn attention to the covert financial instruments Hwang used to buy large stakes in companies. Bloomberg’s Tracy Alloway reports on “Bloomberg Daybreak: Asia.”
