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Switzerland’s largest bank UBS fined $125M for anti-money laundering program violations

A subsidiary of Swiss lender UBS Group has agreed to pay US$125 million in penalties to resolve allegations by the U.S. government that it willfully and repeatedly violated anti-money laundering requirements.

Switzerland’s largest bank UBS fined $125M for anti-money laundering program violations

We haven't written up this one. VnExpress Business has the full story — the link below goes straight to it.

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