UBS, Nomura Fined $450 Million For Bond Cartel Chatroom Collusion
May 20th 2021 3:16pm EDT
UBS, Nomura Fined $450 Million For Bond Cartel Chatroom Collusion As if having clueless prime brokers who just cost them hundreds of millions in losses wasn’t enough, on Thursday morning Nomura and UBS, both of which were hammered by the Archegos implosion, were hit with another heft fine totaling 371 million euros ($452 million) by […]
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