Citigroup Faces $136 Million Fine in Risk Management Setback! Archegos Founder Bill Hwang Convicted时长0:0:0

2024-07-11T04:05:07Z
节目标题:Citigroup Faces $136 Million Fine in Risk Management Setback! Archegos Founder Bill Hwang Convicted
节目介绍:Welcome to our 《Stock Market Briefing》 program! Today, we dive into Citigroup’s hefty $136 million fine from regulators, a significant setback for CEO Jane Fraser as she tries to streamline the bank. Next, we cover the dramatic conviction of Bill Hwang, the founder of Archegos Capital Management, who was found guilty of fraud in a trial that revealed the collapse of his $36 billion investment firm. Lastly, we celebrate the record highs in the stock market, with the S&P 500 and Nasdaq hitting new peaks, driven by the stellar performance of tech giants like Nvidia. Please stay tuned for the detailed coverage of these stories!

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