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Tag: FINMA

M&A July 25, 2023 10:55 AM GMT

UBS hit with $387 million in combined penalties from European and US regulators for Credit Suisse Archegos failures

The Swiss Financial Market Supervisory Authority (FINMA) has also opened enforcement proceedings against an undisclosed former manager at Credit Suisse.

Fixed Income March 23, 2023 12:22 PM GMT

Investors gear up for litigation over Credit Suisse write-down

Avenues could include challenging the Swiss government, suing FINMA, or suing Credit Suisse – with AT1s recovering slightly as the market prices in the hope of legal redress.