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 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 ...

According to a media report, the planned job cuts at UBS are progressing more slowly than expected. But the fact that the ...

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

UBS hits a 52-week high on strong Q2 results, Credit Suisse integration gains, and solid capital position despite expense ...

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 ...

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

UBS made a pre-tax loss of $255 million in the third quarter. Stripping out costs related to the Credit Suisse integration, it recorded an underlying profit before tax of $844 million.

Since UBS bought Credit Suisse in a 3 billion Swiss franc ($3.4 billion) deal completed last month, investors have come to share the optimism of UBS Chairman Colm Kelleher, who has highlighted the ...

That UBS is now left with the bill is a reminder of the risk it took when it agreed, under pressure from the Swiss authorities, to rescue Credit Suisse for $3.2 billion.

UBS has reported its first quarterly profit since buying ailing rival Credit Suisse, marking a sharp turnaround from six months of losses that immediately followed the closure of the rescue deal.