ZURICH, March 8 (Reuters) - UBS UBSG.S will close 85 branches in Switzerland of its combined operations with Credit Suisse by 2025 as part of its consolidation of its erstwhile rival, Swiss media ...
The head of UBS Group AG’s Americas arm and the lender’s top lawyer are both scheduled to testify at a US Senate hearing next week into Nazi-era accounts at Credit Suisse, the scandal-hit rival it ...
A top Swiss court on Wednesday acquitted Credit Suisse, now part of UBS, of failing to prevent money laundering by a Bulgarian cocaine trafficking gang, overturning a 2022 conviction. The Federal ...
The bank is battling market skepticism about its financial health after a string of scandals, months after it was found ...
When the Swiss banking giant UBS bought its rival Credit Suisse in 2023, it got roughly a half of a trillion dollars in ...
April 24 (Reuters) - A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health before $17 billion of its bonds were written down to zero ...
The logos of the Swiss banks Credit Suisse and UBS are pictured in Zurich, Switzerland, June 12, 2023. (Ennio Leanza/Keystone via AP, File) AMSTERDAM (CN) — The European Union’s General Court ...
UBS has reported its first quarterly profit since buying ailing rival Credit Suisse, marking a sharp turnaround from six months of losses that immediately followed the closure of the rescue deal.
A landmark $17 billion Credit Suisse bond lawsuit is drawing global attention, with Dario Item playing a pivotal role in its unfolding. The unprecedented $17 billion AT1 bond wipeout during Credit ...
UBS Group said it would reshuffle its executive board, splitting leadership of its key wealth-management division in two and bidding farewell to the last chief of Credit Suisse, the troubled banking ...
Credit Suisse was ordered by a French court to pay €910,000 to a trader whose promotion and raise were put on hold after she announced her pregnancy, according to a court order seen by AFP.
In addition to that plea, the UBS subsidiary also entered into a non-prosecution agreement with prosecutors in connection with U.S. accounts that were booked at Credit Suisse AG Singapore. "Between ...
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