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 ...

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 ...

UBS Group AG is sounding out investors for a potential significant risk transfer, according to people familiar with the ...

More than two years have passed since the announcement of the Credit Suisse deal. UBS's earnings and sales are slowly ...

UBS and the Swiss government have agreed on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the ...

But Credit Suisse has seen its shares fall by 84% over the past two years, with UBS instead seeing its stock soar by 15%. As Switzerland’s second biggest bank, Credit Suisse employed more than ...

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 said Monday that it has completed its takeover of embattled rival Credit Suisse in a bid to safeguard Switzerland's reputation as a global financial center and choke off market turmoil.