 In London, Tiwa Adebayo, Bloomberg Radio. Now to other news, and Archegos founder Bill Wong has been convicted of fraud and market manipulation after a two-month trial. The company's former CFO Patrick Halligan was also found guilty by a jury in Manhattan. The ruling comes after both men were accused of defrauding counterparties, including Credit Suisse and UBS, by lying to them about trading activity and risk exposure. Bloomberg's Vonnie Quinn says the case is a victory for U.S. authorities.