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Verilumia

The Daily Verified Briefing

Markets

UBS to pay record $125 million fine for AML violations

Published 3 August 2026

UBS Financial Services Inc., the U.S. broker-dealer subsidiary of Swiss banking giant UBS Group AG, has agreed to pay a record $125 million fine to settle allegations it willfully and repeatedly violated U.S. anti-money laundering laws. The penalty, announced by the U.S.

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