JP Morgan warns hedge funds to expect intraday margin calls US bank may demand variation margin ‘up to seven’ times a day after Archegos default - The Great Awakening

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JP Morgan warns hedge funds to expect intraday margin calls US bank may demand variation margin ‘up to seven’ times a day after Archegos default (www.risk.net) 🚔 Crime & Corruption 💸

posted 3 years ago by emptychairday 3 years ago by emptychairday +27 / -0

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– emptychairday [S] 3 points 3 years ago +3 / -0

Wells Fargo is closing personal lines of credit as well.

https://www.cnbc.com/2021/07/09/wells-fargo-closed-your-personal-line-of-credit-now-what-do-you-do.html

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