Citadel Faces Potential Default on Russian Tech Company
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Citadel is facing potential default on convertible bonds from Russia’s Yandex NV. Yandex NV is an internet and technology company that provides an internet search engine in Russia and other international markets. Tigran Khudaverdyan has stepped…
Credit Suisse News: Margin Call Tension Rises in Global Markets
Credit Suisse is triggering margin calls on clients that use Russian resources as collateral. With Russian assets falling in value, it’s causing a domino effect that’s going to affect all global ties to Russia. Margin calls are going to…
