by Margincall69
Two major banks (so far) have announced major multi-billion losses in relation the forced liquidation of Archegos’ trades, Nomura and CS.
Here is CS’ statement released early today:
It tends to confirm that liquidation is not over yet, so brace for further impact in stocks like VIAC, DISCA… Forced liquidation is messy but can bring great buying opportunities, stay tuned.
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