UBS faces the prospect of making a guilty plea that would require it, along with four other giant global banks, to seek U.S. regulators’ permission to keep managing Americans’ money.
Lawmakers and central bankers in India, Indonesia and Turkey are scrambling to contain the damage from falling currencies and to keep foreign investors from heading for the exits.
UBS faces the prospect of making a guilty plea that would require it, along with four other giant global banks, to seek U.S. regulators’ permission to keep managing Americans’ money.