this post was submitted on 24 Jul 2023

12 points (87.5% liked)

World News

40077 readers

368 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 6 years ago

MODERATORS

Rumblestiltskin@lemmy.ml

AgreeableLandscape@lemmy.ml

jackmarxist@lemmy.ml

zephyreks@lemmy.ml

OurToothbrush@lemmy.ml

12

UBS agrees to pay $388 million over Credit Suisse's Archegos failings (www.reuters.com)

submitted 2 years ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml

1 comments fedilink hide all child comments

top 1 comments

sorted by: hot top controversial new old

[–] DecentralizeTheWorld@lemmy.whynotdrs.org 1 points 2 years 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?