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Prudential Regulatory Authority (PRA) of the Bank of England

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Fed Fines UBS $268.5mn for Credit Suisse's Misconduct

by Starling Insights

Observations

Jul 26, 2023

On Monday, the US Federal Reserve Board (FRB) announced a consent order and a $268.5 million fine against UBS Group AG for misconduct by Credit Suisse, which UBS acquired in June of this year.

The 2023 Compendium is available now!

Now in its 6th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

Bank of England struggles with DE&I

by Starling Insights

Observations

Aug 13, 2021

Minority ethnic staff at the Bank of England (BoE) have received lower ratings and bonuses than white colleagues, been less likely to win promotions, and proved more likely to leave the institution as a result, according to a recent review.