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Tag: JPMorgan

Shimao Group Adds to China’s Property Sector Crisis
In recent months, China’s real estate sector has been reeling under a debt crisis as developers struggle to meet their financial obligations. With real estate firms like Evergrande and Kaisa already having defaulted earlier in...
A businessman walks up Wall Street in the financial district December 21, 2006 in New York City. Archegos Capital Management’s meltdown of Chinese stock, Viacom, Discovery, and others was a tumultuous market event last week. Archegos has deep ties to Wall Street legends such as Goldman Sachs, Bear Sterns, and Lehman Brothers
Firm at Source of Chinese Stock, Viacom, Discovery Crash has Housing Bubble Roots
The week of March 26 showed rarely seen explosive volatility in Chinese stock and commodities as Archegos Capital Management, a self-described family investment office, materialized billions of dollars in losses as Wall Street investment banks...
BlackRock Inc is Gamestop's largest shareholder. Wall Street won and Redditors lost
Wall Street Behemoths Ate Reddit’s Gamestop Lunch
According to Wall Street behemoth JPMorgan, the fairytale spun by pundits about Reddit’s WallStreetBets organizing to “squeeze” badly positioned hedge fund short sellers of video game retailer Gamestop (NYSE: GME) in what has been affectionately...