UBS is falling behind its plan to cut headcount to 85,000 by 2026 as Credit Suisse integration slows workforce reductions.

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

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

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

Swiss President Alain Berset said banking giant UBS is acquiring its smaller rival Credit Suisse for almost $3.25 billion in an effort to avoid further market-shaking turmoil in global banking. The… ...

UBS has a balance sheet of about $1.1 trillion – roughly twice the size of Credit Suisse – and has been more resilient than Credit Suisse in the years since the global financial crisis of 2008.

Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the global banking ...

Banking giant UBS is buying its smaller rival Credit Suisse for $3.2 billion in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on ...

UBS may reportedly decide to push back its quarterly results as it works on the takeover of Credit Suisse. The bank is due to report its results on July 25. Due to the financial and political ...

Let me be very specific, UBS intends to downsize Credit Suisse’s investment banking business and align it with our conservative risk culture.” Source: UBS. UBS intends that the combined investment ...