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But Credit Suisse has seen its shares fall by 84% over the past two years, with UBS instead seeing its stock soar by 15%. As Switzerland’s second biggest bank, Credit Suisse employed more than ...
UBS must face two lawsuits by investors who said the former Credit Suisse defrauded them prior to its March 2023 demise with ...
UBS is being fined for missteps by Credit Suisse less than two months after UBS completed an emergency takeover of its former rival. On Monday, the Federal Reserve said it would fine UBS for ...
2024 will be the “pivotal” year in the takeover of Credit Suisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more than 50 ...
UBS (UBUS) is reportedly close to a settlement with the U.S. Department of Justice (DOJ) over Credit Suisse's violations of a 2014 plea agreement, potentially involving a payout of hundreds of ...
W hen the Swiss banking giant UBS bought its rival Credit Suisse in 2023, it got roughly a half of a trillion dollars in assets as well as customers and offices around the world. It also took on a ...
UBS UBS-1.16%decrease; red down pointing triangle is set to pay at least hundreds of millions of dollars to settle violations by Credit Suisse of an earlier agreement with the U.S. Justice ...
Swiss banking giant UBS could reportedly pay "at least hundreds of millions of dollars" in penalties related to prior misconduct at Credit Suisse, which UBS acquired after the bank collapsed in 2023.
UBS said it will pay $371.9 million for Credit Suisse’s role in aiding and assisting in the preparation of false income tax returns and $138.7 million as part of the agreement regarding U.S ...
ZURICH, July 23 (Reuters) - UBS , opens new tab has agreed to sell a former insurance-linked investment arm of Credit Suisse to the management of the business, the Swiss bank said on Tuesday.
UBS UBS-1.16%decrease; red down pointing triangle Group agreed to pay $511 million to settle a yearslong U.S. probe into violations by Credit Suisse of an earlier agreement with the Justice ...