Swiss banking giant UBS said it remained on track to substantially wrap up its mega-merger with Credit Suisse by the end of ...
UBS made the deepest job cuts in the immediate aftermath of the takeover, with headcount dropping by more than 3,000 in the third quarter of 2023. That pace has slowed since and the workforce declined ...
Swiss bankers sought to cover up the extent to which they helped the Nazis store looted assets during World War II by placing their account information under a secret file with the stamp ...
UBS, Switzerland's largest bank, announced Tuesday it is on schedule with its 2024 targets for integrating Credit Suisse. The ...
Switzerland's financial regulator was ineffective in tackling the scandals at Credit Suisse, where executive mismanagement scuppered the bank and nearly triggered a global financial crisis ...
Finma’s 2017 decision to grant Credit Suisse relief from capital requirements obscured the true state of the bank and prevented corrective measures from being taken on time, a specially-convened ...
An investigation by a US Senate panel has found that troubled investment bank Credit Suisse concealed information during previous inquiries into Nazi-controlled bank accounts during the Second ...
"UBS is committed to contributing to a fulsome accounting of Nazi-linked legacy accounts," the bank said in a statement. "Since acquiring Credit Suisse ... we have made it a priority to ensure ...
The investigation is related to Credit Suisse, which UBS acquired after the bank collapsed in 2023. Following a 2014 guilty plea, Credit Suisse allegedly continued to hide accounts of U.S ...
UBS UBS0.21%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 ...