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UBS Group said it reached an agreement with the U.S. Justice Department to pay $300 million to resolve outstanding consumer-relief obligations Credit Suisse committed to.
UBS has resolved another Credit Suisse legacy issue with US Department of Justice.
UBS on Monday said it will pay $300 million to settle outstanding obligations related to the misselling of mortgage-linked ...
UBS Group AG said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s role in selling residential mortgage-backed securities ...
UBS Group AG said it has reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter ...
That's exactly what happened to thousands of investors in March 2023, when the Swiss government orchestrated a rescue of its ...
Deal follows $3bn issue in February ◆ Swiss regulators may demand much more capital ◆ Similar structure to last deal ...
The Singapore High Court decision comes after Chloe Navigation sued UBS for damages in the High Court of Singapore, claiming ...
The banking giant reported higher second-quarter net profit and pushed back against Switzerland’s plans to put stricter ...
The proposals want UBS to fully capitalise its subsidiaries outside Switzerland rather than allowing some leniency on this, as at present, because it is currently treated as “double-counting”. The ...
UBS shares rose as much as 3.7% after the open in Zurich on Wednesday, trading at 31.21 Swiss francs ($38.794) at 9:11 a.m.