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The most important metric

Carroll Barry-Walsh column logo
Photo: Paul Goodson/Martina Lindberg

So many stories in financial services are less pilgrim’s progress than road to perdition, says Carroll Barry-Walsh.

Remember Archegos? Arch. Egos. As a description of many in finance it can scarcely be bettered. A novelist might even think it a tad too unbelievable, unless you were seeking to write satire.

But why bother when reality serves it up on a plate.

The founder of Archegos Capital Management,