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

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