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UBS to pay $387M in fines linked to Credit Suisse’s dealings with Archegos
The fines imposed by the Federal Reserve and the Bank of England's Prudential Regulation Authority follow UBS guidance that legal liabilities related to Credit Suisse could total $4 billion.
BlackRock warns against dip buying as high-volatility era dawns
Investors should bet on credit instead, because valuations have improved and default risk is contained, according to BlackRock strategists.
