You are using an older browser version. Please use a supported version for the best MSN experience.

Fed Chair Jerome Powell says fallout from Archegos collapse was a “risk management breakdown”

The Chairman of the Federal Reserve said the fallout from the collapse of Archegos Capital, its investments included ViacomCBS, was the result of a “risk management breakdown” and the Fed will take a closer look “to make sure it never happens again.”


image beaconimage beaconimage beacon