UBS faces half billion exposure

Swiss bank UBS faced over $500 million in exposure after U.S. auto‑parts supplier First Brands filed for bankruptcy, prompting banks including Jefferies to assess knock‑on losses.

Handelsblatt

Banks: UBS Examines the Impact of First Brands' Bankruptcy on Its Own Funds

The insolvent U.S. auto parts supplier First Brands borrowed heavily from private credit funds. The Swiss bank UBS is affected as well — more than half a billion.

Reposts 0 16h

Tages-Anzeiger

Explosive setback for UBS: After Greensill and Archegos, the next financial scandal looms – UBS is affected as well

The Swiss bank has invested more than $500 million in the insolvent auto parts supplier First Brands. The case raises uncomfortable questions. Here are the key answers.

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The Wall Street Journal

First Brands Bankruptcy Damage Spreads to Jefferies, UBS

Banks are sifting through their exposure to the bankrupt auto-parts supplier and its chain of customers and suppliers.

Reposts 0 20h

Reposted by: Alexandre Klein

Scholar power: 1%

Story's scientific field profile

Business 50%, Economics 30%, Law 20%

Name	Field match	H-index	Scholar power
🎓 Alexandre Klein	-	8	-

Thomas Gerbet

@thomasgerbet.bsky.social

Le gouvernement Legault estime qu'il a perdu la moitié de son investissement dans l’A220 d’Airbus, soit 400 millions $.

Dans les comptes publics 2024-2025, l'info était noyée parmi des pertes d’1,1 milliard $ dans des entreprises (Northvolt, Lion, etc). ici.radio-canada.ca/nouvelle/219...

Le gouvernement Legault estime avoir perdu 400M$ dans Airbus

Le gouvernement Legault estime qu'il a perdu la moitié de son investissement dans Airbus, soit 400 millions de dollars, a appris Radio-Canada.

ici.radio-canada.ca

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