NEW YORK, July 27 (Reuters) - Bill Hwang, the founder of Archegos Capital Management, on Thursday asked a judge to let him subpoena documents from 10 banks, in an effort to shift blame as he defends against criminal fraud charges that the firm's collapse was his fault.
The office of U.S. Attorney Damian Williams, which is prosecuting Hwang, did not immediately respond to a request for comment.
Other banks also lost money when Archegos collapsed, but less than Credit Suisse.
That caused it to miss margin calls, and banks to dump stocks that had backed the swaps and which they had bought as hedges.
The case is U.S. v. Hwang et al, U.S. District Court, Southern District of New York, No.
Persons:
Bill Hwang, Hwang, Damian Williams, Archegos, Goldman Sachs, Jefferies, Mitsubishi UFJ, Morgan Stanley, Nomura, Alvin Hellerstein, Hwang et, Jonathan Stempel, Daniel Wallis
Organizations:
YORK, Archegos Capital Management, UBS, Credit Suisse, Prosecutors, Bank of Montreal, Deutsche Bank, Mitsubishi, Court, Southern District of, Thomson
Locations:
Manhattan, Macquarie, Mizuho, U.S, Southern District, Southern District of New York, New York