Deutsche shines amid Archegos chaos

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By David Rothnie
31 Mar 2021

Deutsche Bank conquered the fallout from the liquidation of US hedge fund Archegos Capital this week to print its first preferred senior trade of the year.

The German bank had originally planned to announce the trade on Monday but delayed its decision until it could provide a clear picture of its exposure to Archegos, which defaulted on margin calls from a series of investment banks.

The FIG bond market was thrown into chaos when Nomura ...

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