International Companies

UBS to book $900m provision over Greensill supply financing funds

By Josh White

Date: Monday 17 Jun 2024

(Sharecast News) - Swiss banking giant UBS announced on Monday that it expected to book a provision of about $900m related to Credit Suisse's funds, tied to the collapsed supply chain financing firm Greensill Capital.
The financial adjustment came in the wake of UBS's acquisition of Credit Suisse last year, following...

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