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Tag: Credit Risk Management


Regulations

Fed fines UBS $268.5M over Credit Suisse’s Archegos ties

July 24, 2023

Via: Banking Dive

The Federal Reserve fined UBS $268.5 million in connection with “unsafe and unsound counterparty credit risk management practices” between Credit Suisse — the bank UBS recently acquired — and defunct investment fund Archegos, according to a consent order announced Monday. […]


Capital and Risk, Credit

The Gap in the Three Lines of Credit Risk Management Defense

October 21, 2021

Via: Bank Director

I started my banking career in the credit management training program of a regional bank, where I later became the head of corporate banking. Subsequently, I became a chief credit officer and, ultimately, the CEO and board chairman of a […]