How Archegos’ $20 billion move to flee certain names led to banks’ share prices tumbling

View in Browser  |  Forward to a Friend Tue, 30 Mar 2021 MORNING SQUAWK EMEA TOP NEWS          GUEST HIGHLIGHTS DJIA 33,171.37 98.49 +0.30%  S&P 500 3,971.09 3.45 -0.09%  NASDAQ 13,059.65 79.08 -0.60%  FTSE 100 6,736.17 4.42 -0.07%  CAC 6,015.51 0.00 0.00%  DAX 14,817.72 0.00 0.00%  Quotes and charts as of Tue, 30 Mar 2021 07:54 AM CEST. Top News Mon, 29 Mar 2021 09:21 PM CEST How Archegos' $20 billion move to flee certain names led to banks' share prices tumbling The weakness in ViacomCBS triggered a chain of events where brokers rushed to exit the positions on Archegos' behalf and resulted in a massive margin call. Mon, 29 Mar 2021 03:12 PM CEST The EU's huge Covid stimulus plan has hit an obstacle — and it could delay the funds The EU's coronavirus stimulus plan has hit a stumbling block after the German constitutional court raised questions about how the new debt is being taken on. Mon, 29 Mar 2021 11:39 PM CEST Facebook and Google reveal plans to build subsea cables between U.S. and Southeast Asia Facebook and Google are planning to lay two huge subsea cables that will link the U.S. West Coast to Singapore and Indonesia. Tue, 30 Mar 2021 02:26 AM CEST How Goldman and Morgan Stanley avoided losses after fund meltdown burned Nomura, Credit Suisse Goldman and Morgan Stanley had already finished unloading their positions when rivals announced they faced steep losses tied to a hedge fund implosion. Mon, 29 Mar 2021 10:28 PM CEST The ship that blocked the Suez Canal may be free, but experts warn the supply chain impact could last months Traffic resumed in the Suez Canal on Monday after the ship Ever Given was freed. Experts warn that the impact will reverberate throughout supply chains. Guest Highlights – Today on CNBC All times given in CET. 07:00 Greg Williamson Head of Strategy, Pluribus Labs First Hour Guest 07:30 Sajal Srivastava Co-CEO & Co-Founder, TriplePoint Capital Venture Capital 07:45 Mark Berman Former SEC Lawyer & CEO, CompliGlobe Hedge Fund Regulation 08:00 Steen Jakobsen CIO, Saxo Bank Q2 Outlook 08:30 Thorsten Beck Professor of Banking & Finance, Cass Business School Fire Sale 09:00 Yogi Dewan CEO, Hassium Asset Management Strategy 09:30 Chris Fearne Minister of Health, Malta EU Vaccine 10:00 Luke Hickmore Investment Director, Aberdeen Standard Investments Banks 10:15 Robert Mazzuoli Director EMEA Insurance, Fitch Ratings Suez Reinsurance 10:30 Joachim Klement Investment Strategist, Liberum End of Quarter Terms Privacy Policy Unsubscribe Advertise with us