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Bank of America Didn’t ‘Wall-Cross’ Segantii Before Esprit Block
Bank of America Corp. traders working on a 2017 block sale in the shares of fashion retailer Esprit Holdings Ltd. didn’t “wall-cross” Segantii Capital Management before disclosing some information about the potential deal, Hong Kong prosecutors said on Monday.
BH
Bei Hu, Julia Fioretti, Kiuyan Wong
Newsroom · hace 28 días
Bank of America Corp. traders working on a 2017 block sale in the shares of fashion retailer Esprit Holdings Ltd. didn’t “wall-cross” Segantii Capital Management before disclosing some information about the potential deal, Hong Kong prosecutors said on Monday.
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Sadler Accused Bankers of Botching Block Trade as He Sold Stock
Segantii Capital Management founder Simon Sadler accused bankers of mishandling a block trade in fashion retailer Esprit Holdings Ltd. as his own firm was shorting the stock, a Hong Kong court heard on Tuesday.
Julia Fioretti, Bei Huhace 27 días2 min