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The deal settles Credit Suisse’s outstanding obligations relating to mortgage-backed bonds sold before the 2008 financial ...
The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations ...
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GlobalData on MSNUBS to settle Credit Suisse’s RMBS obligations with $300m payment
The obligations stem from a 2017 agreement related to the bank's legacy residential mortgage-backed securities business.
UBS (NYSE:UBS) will pay $300 million to the U.S. Department of Justice to resolve outstanding obligations related to ...
UBS, which acquired Credit Suisse in 2023, said Monday (Aug.4) that it has agreed to pay $300 million to bring the legacy ...
UBS has agreed to pay $300mn to resolve a legacy Credit Suisse case in the US related to the mis-selling of residential ...
More than two years have passed since the announcement of the Credit Suisse deal. UBS's earnings and sales are slowly ...
UBS AG today published its second-quarter 2025 consolidated financial report. UBS Group AG previously reported its second-quarter results 2025 on a consolidated basis on 30 July 2025. These reports ...
GENEVA — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the ...
UBS has a balance sheet of about $1.1 trillion – roughly twice the size of Credit Suisse – and has been more resilient than Credit Suisse in the years since the global financial crisis of 2008.
My InsiderUBS and Credit Suisse are both known for servicing the ultra-rich, though UBS does so on a much larger scale. The acquirer had $2.8 trillion in global wealth management assets as of the ...
Banking giant UBS is buying its smaller rival Credit Suisse for $3.2 billion in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on ...
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