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God and Man Collide in Bill Hwang’s Dueling Lives on Wall Street

  • Bankers estimate Hwang had a fortune approaching $20 billion
  • SEC looking into the Archegos fiasco, which has stung banks
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WATCH: More details are emerging over the fallout from a fire sale at Bill Hwang’s family office Archegos Capital Management. Dani Burger reports.(Source: Bloomberg)

With the sun rising outside their conference room in Midtown Manhattan, the visitors to a secretive investment empire bent their heads in prayerful meditation.

It was another Friday morning, 7 o’clock, and a familiar scene was unfolding again inside Archegos Capital Management, an obscure family office that would go on to shake the financial world.