FED - Federal Reserve
Federal Reserve Board fines UBS $268.5 million for misconduct by Credit Suisse, which UBS subsequently acquired in June 2022. Jointly, the PRA imposes record fine of £87m on Credit Suisse for serious risk management and governance failures in connection with Archegos Capital Management exposure.
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Jul. 19th, 2023
How to quantify the risk of climate litigation for banks?
Clients are a major source of banks' exposure to climate-related litigation. Indeed, the financing of a project can be seen as part of the causal chain of environmental damage. Watch this video to understand how this emerging risk can be quantified, by combining external data on climate-related litigation with internal data linked to portfolio sector allocation.