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 ...

Dario Item plays a key role in a $17B Credit Suisse bond case that could reshape global investment laws. A landmark $17 ...

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

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, which acquired Credit Suisse in 2023, said Monday (Aug.4) that it has agreed to pay $300 million to bring the legacy ...

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

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

Since 2000, Credit Suisse has been fined by regulators for a total of $11.4 billion, nearly four times what UBS paid to acquire it. JESSE GRIFFITHS: So it was a bad bank or a bank that had had ...

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 ...

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 ...

Credit Suisse inquiry will keep files secret for 50 years By John Revill July 16, 20232:09 AM PDTUpdated July 16, 2023 ...