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UBS discloses $200M exposure to Russian assets through secured financing

Mar. 07, 2022 7:29 AM ETUBS Group AG (UBS)C, DB, CSBy: Liz Kiesche, SA News Editor6 Comments

Economy sanctions. Inscription sanctions on Russia flag.

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  • UBS (NYSE:UBS) had ~$200M exposure related to Russian assets used as collateral for loans and other secured financing in its Global Wealth Management unit, the Swiss bank said in its annual report.
  • It also had

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Comments (6)

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dai2ly profile picture
wait til Euro banks, insurers, exchanges and m/m's start reporting exposures to CDS (credit default swaps) -- I'm guessing gadZillions

suspects: BNP, SG, BCS, DB1, ICE, JPM, CS, DB
@dai2ly - note LME (Chinese owned) not forcing margin calls on short sellers // that’s how it begin
@milehr peanuts and how are those shareholder returns going? UBS over hyped for decades.
@North_of_49_degrees We are doing well, even with the recent drop.
The Swiss banks continue to be a joke and obviously in bed with the Russian oligarchs. The Swiss banks should be investigated and fined by the
The Financial Action Task Force on Money Laundering (FATF).

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