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 is pleased to announce that it has reached an agreement with the United States Department of Justice (DOJ) to resolve a legacy matter related to outstanding obligations under a 2017 agreement ...

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 ...

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

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

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

UBS Group AG is sounding out investors for a potential significant risk transfer, according to people familiar with the matter, as the banking giant explores ways to mitigate the impact of higher ...

UBS reported net profit of $29 billion for the second quarter. The bumper profit is due to a huge one-off gain that reflects how the acquisition costs were far below Credit Suisse's value.

UBS's second-quarter profit more than doubled from a year earlier, beating expectations on a surge in trading activity even as regulatory uncertainty continued to preoccupy the bank.

For 2023 as a whole, UBS reported a profit of $29 billion, which largely reflected an accounting gain booked on the difference between the knockdown price it paid for Credit Suisse and the much ...