Could an Archegos blindside banks in Europe? Not really

Archegos’ banks were burnt by its hidden US swaps – in much of Europe, they would have to be public

Archegos and Europe flag
Risk.net montage

Firms of all stripes like to complain about regulation. But thanks to disclosure rules that exist in much of Europe but not in the US, prime brokers would have been able to avoid huge losses, had the Archegos disaster involved stocks listed in European countries.

The collapse of Archegos Capital Management at the end of March inflicted more than $10 billion of losses on several prime brokers. The banks say they were unaware of the highly leveraged and concentrated positions the family office

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: