UBS to Pay Nearly $400 Million Fine to Settle Credit Suisse’s Archegos Failures

United States News News

UBS to Pay Nearly $400 Million Fine to Settle Credit Suisse’s Archegos Failures
United States Latest News,United States Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

UBS agreed to pay U.S. and U.K. regulators approximately $387 million in fines related to conduct at Credit Suisse, a rival it acquired earlier this year

Fed says Credit Suisse engaged in ‘unsafe and unsound’ credit-risk management practices in its dealings with investment firm.

Fed says Credit Suisse engaged in ‘unsafe and unsound’ credit-risk management practices in its dealings with investment firm
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla sees downgrade but price target increase at UBSTesla sees downgrade but price target increase at UBSTesla was downgraded to neutral from buy at UBS, though its price target was increased to $270 from $220. “Tesla remains the undisputed truly global...
Read more »

USD/MXN will see a fresh decline in due course back to the 16.6930 recent low – Credit SuisseUSD/MXN will see a fresh decline in due course back to the 16.6930 recent low – Credit SuisseEconomists at Credit Suisse analyze USD/MXN technical outlook. Scope for a consolidation phase to emerge The latest move to a new low for USD/MXN has
Read more »

GBP/USD: Support from the confirmed uptrend from last September at 1.2762 to ideally hold – Credit SuisseGBP/USD: Support from the confirmed uptrend from last September at 1.2762 to ideally hold – Credit SuisseGBP/USD is expected to see a deeper setback yet, but with support from the uptrend from last September at 1.2762 ideally holding, analysts at Credit S
Read more »

Oppenheimer Has A Whopping Runtime of 3 Hours—Does It Have Post-Credit Scene?Oppenheimer Has A Whopping Runtime of 3 Hours—Does It Have Post-Credit Scene?The director says people left the theaters 'devastated.' 😬 Oppenheimer
Read more »

$1,000 reward offered for information on credit card theft$1,000 reward offered for information on credit card theftThe two suspects used the credit cards to run up a bill of $5,000 at a local Walmart, police said.
Read more »



Render Time: 2025-03-06 06:49:01