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Finance & Markets

Vietnam Jet Deployed Brakes Twice Before Botched Munich Takeoff

A Boeing Co. 787 aircraft operated by Vietnam Airlines JSC had its brakes activated twice while barreling down the runway at Munich Airport last month, leading to a perilously late takeoff and the plane’s tail striking the ground, a report found.

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

Read the original at bloomberg.com →

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$125M UBS Fine Signals US Regulatory Shift

A $125M fine against UBS signals a major shift as U.S. regulators target systemic anti-money laundering gaps and outcome-focused compliance.

  • U.S. regulators impose $125M fine on UBS
  • FinCEN, SEC, CFTC, FINRA settle allegations
  • Fine targets failure to monitor 61,500 FX transactions

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