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المشهد العربي
Wall Street banks seek more collateral from hedge funds
Major banks on Wall Street, such as Goldman Sachs and J.P. Morgan, have issued strong demands on hedge funds to provide additional financial guarantees, following sharp losses faced by some funds due to heavy sell-offs in tech stocks and the artificial intelligence sector. This comes especially as the Nasdaq 100 index has declined by about 10% since June, with leading stocks like Sandisk dropping by 53% and Intel by 39%. These measures are part of risk management efforts as market volatility increases, aiming to maintain leverage levels and reduce potential risks.
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