• 11/11/2024

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

Wall Street Journal

Fed says Credit Suisse engaged in ‘unsafe and unsound counterparty credit risk management practices’ related to dealings with the investment firm.

https://www.wsj.com/articles/ubs-to-pay-nearly-400-million-fine-to-settle-credit-suisses-archegos-failures-a2d1979f