The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations from the 2017 settlement, UBS said Monday.

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 mortgage-backed securities in the run-up to the 2008 financial crisis.

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

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

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.

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

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.

The historic rescue of Credit Suisse by UBS in March 2023 represents the first major bank merger of the net zero era, as climate change forces the sector to grapple with a new layer of risk. And ...

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 ...

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 ...

UBS confirmed its intention to take over Credit Suisse back in March 2023 with the deal subsequently reported to be worth more than $3.25 billion. The merger of UBS AG and Credit Suisse AG has ...