{"id":77932,"date":"2021-04-19T01:41:04","date_gmt":"2021-04-19T05:41:04","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77932"},"modified":"2021-04-19T01:30:28","modified_gmt":"2021-04-19T05:30:28","slug":"morgan-stanley-reveals-911-million-archegos-loss-as-profit-jumps","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2021\/morgan-stanley-reveals-911-million-archegos-loss-as-profit-jumps.html","title":{"rendered":"Morgan Stanley reveals $911 million Archegos loss as profit jumps"},"content":{"rendered":"\n<p>(Reuters) Morgan Stanley <a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/companies\/MS.N\" target=\"_blank\">(MS.N)<\/a> lost nearly $1 billion from the collapse of family office Archegos Capital Management, the bank said on Friday, muddying its 150% jump in first-quarter profit that was powered by a boom in trading and deal-making. Morgan Stanley was one of several banks that had exposure to Archegos, which defaulted on margin calls late last month and triggered a fire sale of stocks across Wall Street.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/business\/finance\/morgan-stanley-profit-blows-past-estimates-dealmaking-boom-2021-04-16\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Morgan Stanley (MS.N) lost nearly $1 billion from the collapse of family office Archegos Capital Management, the bank said on Friday, muddying its 150% jump in first-quarter profit that was powered by a boom in trading and deal-making. Morgan [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77932","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77932"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77932\/revisions"}],"predecessor-version":[{"id":77933,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77932\/revisions\/77933"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}