Swiss Bank UBS Says It Has Started FX Settlement Talks

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(Reuters) – Switzerland’s UBS has begun settlement talks over allegations it was involved in manipulating foreign exchange rates, the bank said, and warned that it could face a material penalty in any deal struck. The terms proposed in the talks included findings that UBS did not have adequate controls over its foreign exchange business, it said…

Swiss Bank UBS Says It Has Started FX Settlement Talks

Corsair highlights SPAC FG New America ahead of OppFi merger

InvestCorsair Capital highlighted its investment in a special purpose acquisition company in its first-quarter letter to investors. The Corsair team highlighted FG New America Acquisition Corp, emphasizing that the SPAC presents an exciting opportunity after its agreement to merge with OppFi, a leading fintech platform powered by artificial intelligence. Q1 2021 hedge fund letters, conferences Read More


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