Several major #banks are set to lose billions of dollars over links to the hedge fund Archegos, after financial troubles at the firm sparked a massive sell-off of shares. Nomura and Credit Suisse have said they would suffer significant losses, which caused their share prices to plunge on Wall Street on Wednesday. Archegos was backed by former star trader Bill Hwang. Also today, we look at how the wine industry in Argentina has seen rising sales during the #pandemic. #Business
Subscribe to France 24 now:
[ Ссылка ]
FRANCE 24 live news stream: all the latest news 24/7
[ Ссылка ]
Visit our website:
[ Ссылка ]
Subscribe to our YouTube channel:
[ Ссылка ]
Like us on Facebook:
[ Ссылка ]
Follow us on Twitter:
[ Ссылка ]
