All posts tagged "UBS"
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104AML / KYCWEF Offers Framework to Help Prevent Illicit Financial Flows
The "Unifying Framework" published this month sets out five core practices for gatekeepers to use to identify and respond to potential illicit activity.
June 16, 2021 -
124EuropeFrench, Swiss Central banks Partner to Test Wholesale CBDC
Project Jura will investigate the potential benefits and challenges of wCBDC in settling cross-border payments.
June 11, 2021 -
110EnforcementHong Kong: Appeals Tribunal Overturns Ban Against UBS Banker
The SFAT concluded that the former UBS banker cannot be held personally responsible for the failings of the China Metal Recycling transaction team.
June 7, 2021 -
117Fintech / RegtechBursa Malaysia Concludes Blockchain Bond POC with STACS
The collaborative efforts from the PoC have established a new 'Bond in a Box' operating model that shows commercial potentials, the project report says.
June 3, 2021 -
139EnforcementNomura, UBS, UniCredit Fined for Participating in Trading Cartel
During Europe's sovereign debt crisis, the banks shared information about their EGB bidding and trading strategies in Bloomberg terminal chat rooms.
May 25, 2021 -
269Feature
Bank Losses from Archegos Collapse to Exceed $10bn
New disclosures from UBS and Nomura have raised estimates of the total losses to banks to over $10.5bn.
April 29, 2021 -
225EnforcementUS Court Dismisses Collusion Case Against 10 Global Banks
The judge dismissed a case against 10 banks alleging manipulation of the US Treasuries market due to a lack of evidence of a conspiracy.
April 8, 2021 -
410FeatureHedge Fund Collapse Sparks Billions in Losses for Banks
The SEC, FSA, and FINMA are monitoring the situation, after the collapse of Archegos Capital Management left Nomura and Credit Suisse with billions in losses.
March 30, 2021 -
320EnforcementNew York Court Reinstates SIBOR Manipulation Lawsuit
The case is being reinstated to allow Fund Liquidation Holdings LLC to pursue claims against 18 banks on behalf of two defunct funds that initially launched the lawsuit.
March 19, 2021 -
220EnforcementLondon Trader Jailed for LIBOR Manipulation Released
Tom Hayes told Bloomberg this week that efforts to replace LIBOR were pointless and that the rate was far safer now.
February 5, 2021
