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UBS says took $774 million hit to Archegos episode, exited all remaining exposures in April

UBS says took $774 million hit to Archegos episode, exited all remaining exposures in April

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Justin Low
27/04/2021 | 04:49 GMT

UBS says Q2 related losses are 'immaterial'

The firm comments as they report their Q1 financials, adding that they are to review risk management procedures and take appropriate measures accordingly.

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Bitcoin tumbles 11%, breaks Ichimoku Cloud. Traders eye $58K 200-WMA support amid bearish signals.

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10s ago

Iran said it is ready for nuclear talks with the US as senior envoys prepare to meet in Istanbul. The diplomatic push comes amid a US military build-up and concerns that failure could trigger renewed escalation.

Iran said it is ready for nuclear talks with the US as senior envoys prepare to meet in Istanbul. The diplomatic push comes amid a US military build-up and concerns that failure could trigger renewed escalation.
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2m ago

Bitcoin tumbles 11%, breaks Ichimoku Cloud. Traders eye $58K 200-WMA support amid bearish signals.

CoinDesk
3m ago

Bitcoin tumbles 11%, breaks Ichimoku Cloud. Traders eye $58K 200-WMA support amid bearish signals.

CoinDesk
6m ago

Bitcoin tumbles 11%, breaks Ichimoku Cloud. Traders eye $58K 200-WMA support amid bearish signals.

CoinDesk
8m ago

Bitcoin tumbles 11%, breaks Ichimoku Cloud. Traders eye $58K 200-WMA support amid bearish signals.

CoinDesk
11m ago

Bitcoin tumbles 11%, breaks Ichimoku Cloud. Traders eye $58K 200-WMA support amid bearish signals.

CoinDesk
14m ago
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