About: http://data.cimple.eu/news-article/0def39e2bdeac734f4f836116e3fa322796222d71c8aadfe333bee37     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Mitsubishi UFJ Securities Holdings said Tuesday it could face a $300 million loss in its dealings with a US client in what could be the latest deficit caused by last week's massive stocks sale. The Japanese brokerage house, a unit of Mitsubishi UFJ Financial Group, said its European subsidiary was involved in "an event" on March 26 that could lead to a financial loss. Without naming the client, the Tokyo-based firm said the $300 million loss would not affect its businesses, adding: "This estimate is subject to change depending on the unwinding of the transactions and market price fluctuation." The announcement came after top global banks Nomura of Japan and Switzerland's Credit Suisse warned Monday they could face significant losses following reports of their exposure to a US fund that sold billions in stocks last week. Neither bank named the client but the warnings follow a Bloomberg News report that a little-known fund on Friday sold more than $20 billion in stocks from US media and Chinese companies listed in New York. The unusually large sale by Archegos Capital Management, which looks after businessman Bill Hwang's fortune, was carried out directly by major houses Morgan Stanley and Goldman Sachs. Among the companies sold were top Chinese names such as Baidu Inc, Tencent Music Entertainment Group and Vipshop Holding -- all under pressure at home as Beijing reins in the tech sector -- plus US giants such as ViacomCBS and Discovery. si/kaf/rbu
schema:headline
  • Mitsubishi UFJ warns of $300m loss in dealings with US client
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software