UBS has been ordered to pay $388 million to British and U.S. regulators over Credit Suisse's dealings with private investment firm Archegos Capital Management, the Swiss bank said on Monday.
  • DecentralizeTheWorld@lemmy.whynotdrs.orgEnglish
    1·
    1 year ago

    And they are still expecting more. They have set aside 4 billion for lawsuits against Credit Suisse. When are they going to close the toxic short positions from Archegos?