Thomas Hirschi, a crucial behind-the-scenes actor during the Credit Suisse crisis, is leaving the Swiss financial regulator ...

NEW YORK (Reuters) -UBS must face two lawsuits by investors who said the former Credit Suisse defrauded them prior to its ...

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 ...

UBS Group (UBS), which acquired Credit Suisse in 2023, agreed to pay $511M to settle a long-running tax-related investigation into Credit Suisse's implementation of its 2014 plea agreement, the ...

UBS paid nearly $400 million to cover regulatory fines related to that turmoil. UBS, under pressure from the Swiss authorities, rescued Credit Suisse for $3.2 billion in 2023.

The banking group begins the migration of former Credit Suisse client accounts in Switzerland to the UBS platform in the second quarter.

The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that UBS acquired in 2023.

UBS acquired Credit Suisse in 2023 following the latter’s collapse, inheriting its unresolved legal issues, including this significant case.

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 CEO Sergio Ermotti said on Monday that moving Credit Suisse clients in Switzerland onto the bank's own platform from next year promises to be the main challenge of the toughest phase in ...

The United States is pursuing an inquiry into Russian clients that UBS took on when it bought Credit Suisse, three people familiar with the matter said, heightening scrutiny of one of the world's ...

The incipient migration of clients from Credit Suisse to UBS should take about another 18 months, UBS CEO Sergio Ermotti said on Thursday, as his bank presses on with the integration of its former ...