Skip to Primary Navigation

Skip to main content

UBS to pay $387m in Credit Suisse-linked Archegos Capital fines

Image of UBS building with "UBS" in large writing and "Credit Suisse" in smaller lettering below it.
Photo: Arnd Wiegmann/Getty Images

Julie DiMauro

1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

UBS has been ordered to pay British and US regulators over Credit Suisse’s dealings with private investment firm Archegos Capital Management.

UBS has agreed to pay US and UK banking regulators around $390m in fines related to the investment firm Archegos Capital Management, whose collapse greatly affected Credit Suisse, a rival it acquired earlier this year.

The Federal Reserve’s fine was $268.5m; the UK Prudential Regulation Authority (PRA) imposed a

, , , , , ,

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience