UBS Singed by Archegos
Switzerland’s largest bank didn’t escape the Archegos wreckage unscathed, finews.asia has learned. UBS' singing is however far from the burn that rival Credit Suisse is nursing. Zurich-based UBS, the sixth-largest prime broker according to data provider Preqin, also catered to troubled hedge fund Archegos. Yet the Swiss bank was mum…
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