Nomura ended Monday down 14%, while Credit Suisse slid 11.5% when the market closed. Meanwhile, Morgan Stanley dropped 2.6% and Goldman shares dipped a modest 0.5%. Before the stock sales spilled into public view late last week, five of Archegos' banks convened a call with Hwang to discuss ways to head off a messy fire sale, Bloomberg and other news outlets reported. The cease-fire didn't hold, however, and Goldman quickly began pitching clients on massive blocks of shares.