Home United States USA — Financial UBS to pay nearly $400M to settle Credit Suisse’s Archegos dealings

UBS to pay nearly $400M to settle Credit Suisse’s Archegos dealings

July 24, 2023

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UBS has been ordered to pay $388 million to British and US regulators over Credit Suisse’s dealings with private investment firm Archegos Capital Management, the Swiss bank said Monday.
UBS has been ordered to pay $388 million to British and US regulators over Credit Suisse’s dealings with private investment firm Archegos Capital Management, the Swiss bank said Monday.