The current pace of job cuts means UBS is set to miss the internal target of reducing its full-time headcount to 85,000 by the end of 2026, when it is set to complete the integration of its former ...

The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations ...

Activist investor Cevian Capital raised its share stake in bank UBS by 9.9% in the second quarter, according to a regulatory ...

Dario Item plays a key role in a $17B Credit Suisse bond case that could reshape global investment laws. A landmark $17 billion Credit Suisse bond lawsuit is drawing global attention, with Dario Item ...

The obligations stem from a 2017 agreement related to the bank's legacy residential mortgage-backed securities business.

UBS has agreed to pay $300mn to resolve a legacy Credit Suisse case in the US related to the mis-selling of residential ...

That's exactly what happened to thousands of investors in March 2023, when the Swiss government orchestrated a rescue of its ...

The deal settles Credit Suisse’s outstanding obligations relating to mortgage-backed bonds sold before the 2008 financial ...

The person added that the cost-reduction process was “not a straight line” and that UBS could not shut down some legacy Credit Suisse systems until client migration is completed, which is expected by ...

UBS Group AG said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related ...

UBS has reached an agreement in the US with the US Department of Justice (DOJ) for another Credit Suisse legacy issue. As ...

Credit Suisse said Monday that 61 billion Swiss francs ($68 billion) in assets left the bank in the first quarter and that outflows were continuing, underscoring the challenge faced by UBS Group ...