UBS Is Fined Nearly $400 Million in Credit Suisse’s Archegos Mess

UBS Is Fined Nearly $400 Million in Credit Suisse’s Archegos Mess

The New York Times - Business:

The Swiss banking giant, which acquired its rival earlier this year, will cover regulatory fines related to Credit Suisse’s mismanagement in the collapse of the investment firm Archegos in 2021.

This post first appeared in The New York Times - Business. Read the original article.