4 ms·

Just as a counterexample (not saying this disproves the trend), UBS auditor recently said there is something wrong at the bank. https://www.reuters.com/busines

Just as a counterexample (not saying this disproves the trend), UBS auditor recently said there is something wrong at the bank. https://www.reuters.com/business/finance/ubss-auditor-issues-warning-over-banks-financial-reporting-controls-2024-2025-03-17/ https://www.reuters.com/business/finance/ubss-auditor-issues... I think this says more about how worrisome UBS is than how unreliable auditing is.

deleted 2y ago
[deleted]
pasc1878 2y ago
In this case I would suggest that is Credit Suisse that is the problem - UBS were forced to take it over when problems were found.
- MegaButts 2y ago
  Credit Suisse no longer exists. Whatever problems Credit Suisse had, UBS now has.
  - pasc1878 1y ago
    Yes that is my point