UBS Nears Settlement Over Credit Suisse Tax Evasion, Report Says
21 hours ago · The 2014 plea deal included $2.6 billion in fines, and UBS set aside about $4 billion when it acquired Credit Suisse to handle ongoing investigations and lawsuits, the Journal reported.
How UBS Is Resolving Credit Suisse’s Legacy Legal Issues
17 hours ago · 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 ...
UBS Close to Large Settlement Over Credit Suisse Tax Case
1 day ago · UBS UBS 0.03% increase; green up 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 ...
UBS Set to Settle Credit Suisse US Tax Evasion Case, WSJ Reports
23 hours ago · UBS Group AG is close to making a settlement of at least hundreds of millions of dollars over violations by Credit Suisse of a decade-old agreement with the US Department of Justice related to tax ...
Latest on the takeover of Credit Suisse | UBS Switzerland
Stay updated on the integration of Credit Suisse. The legal merger between Credit Suisse (Switzerland) Ltd. and UBS Switzerland AG was completed on 1 July 2024. This in itself will not change the day-to-day banking relationship for Credit Suisse clients.
UBS completes Credit Suisse takeover. Here’s what it means
Jun 12, 2023 · UBS has finalized its emergency takeover of fallen rival Credit Suisse, creating a giant Swiss bank with nearly $1.7 trillion in assets in the biggest banking tie-up since the 2008 global...
UBS completes merger of UBS AG and Credit Suisse AG
May 31, 2024 · The transition to a single US intermediate holding company is planned for 7 June 2024, with the merger of Credit Suisse (Schweiz) AG and UBS Switzerland AG continued to be expected in the third quarter of 2024, both subject to remaining regulatory approvals.
UBS to buy Credit Suisse for nearly $3.25B to calm turmoil
Mar 20, 2023 · Banking giant UBS is acquiring its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday.
Dozens more investors sue over €17bn Credit Suisse debt wipeout
7 hours ago · Dozens of new investors have joined a lawsuit against Switzerland over the wipeout of €17bn of Credit Suisse debt, arguing that the government “folded to virtually all of UBS’s demands ...
UBS to cut another $3 billion in costs as it absorbs Credit Suisse - CNN
Feb 6, 2024 · UBS has deepened a cost cutting drive launched after its emergency acquisition of rival Credit Suisse, as it slashes thousands of jobs and tries to boost earnings to make sure the mammoth deal...