[ad_1] Fabrice Coffrini/AFP/Getty Images UBS and Credit Suisse must submit a plan to strengthen oversight of their US operations and senior management in the next 120 days. CNN — UBS…
Tag: Archegos
Credit Suisse estimates Archegos fallout at $4.7 billion, overhauls executive board
[ad_1] (Reuters) -Credit Suisse Group on Tuesday announced an estimated charge of 4.4 billion Swiss francs ($4.7 billion) from its relationship with Archegos Capital Management LP, suspended a share buyback…
Risk management breakdowns over Archegos in Fed focus -Powell
[ad_1] April 28 (Reuters) – The U.S. Federal Reserve is looking into risk management breakdowns at some of the banks that were involved in the meltdown of New York fund…
UBS faces hit of hundreds of millions of dollars over Credit Suisse’s Archegos failings
[ad_1] UBS faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos Capital after Swiss, US and UK regulators completed their investigations into the affair, according…
UBS faces big penalty over Credit Suisse’s Archegos failings -FT
[ad_1] June 19 (Reuters) – UBS Group AG (UBSG.S) faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos Capital, after UK, Swiss and U.S. regulators…
Morgan Stanley dumped $5 bln in Archegos stock night before fire sale -CNBC
[ad_1] April 6 (Reuters) – Morgan Stanley (MS.N) sold about $5 billion of Archegos’ stocks the night before the fire sale hit rivals, CNBC reported on Tuesday, citing people with…
Credit Suisse cuts bonuses following Archegos loss – FT
[ad_1] [1/2] The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann/File Photo April 12 (Reuters) – Credit Suisse Group…
Goldman Sachs watching total margin loans after Archegos fund blowup -executive
[ad_1] NEW YORK, April 26 (Reuters) – Executives at Goldman Sachs Group Inc (GS.N) are monitoring the total amount of loans borrowed on margin after the collapse of investment fund…
Judge Denies Archegos Founder’s Request to Toss Criminal Charges
[ad_1] Markets Financial Regulation Lawyers say prosecutors have wrongly alleged legal trading to be criminal [ad_2] Source link