UBS chairman apologizes for Archegos loss and promises to enforce more transparency
alphanewsstream
2021-05-05 15:00
UBS chairman apologizes for Archegos loss and promises to enforce more transparency
Weber in an interview Wednesday blamed a lack of oversight of family offices, which don't have to disclose the same amount of information as hedge funds.

Swiss bank UBS Chairman Axel Weber speaks during the companys general shareholders meeting in Zurich on May 2, 2013.
REUTERS/Ruben Sprich

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https://www.businessinsider.com/ubs-chair-apologizes-archegos-loss-enforce-transparency-2021-5

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