Morgan Stanley reveals $911 million Archegos loss as profit jumps

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Go back to Morgan Stanley reveals $911 million Archegos loss as profit jumps

Morgan Stanley (MS) Archegos-Related Loss Appears to be $911M

April 16, 2021 7:58 AM EDT

Morgan Stanley's (NYSE: MS) loss related to the blow-up of Bill Hwang's Archegos Capital appears to be $911 million.

While not naming the client, Morgan Stanley disclosed with today's quarterly report that: "The current quarter includes a loss of $644 million related to a... More