UBS Group AG is heading for defeat in the first round of its effort to water down the Swiss government’s law that could force ...

The Department of Justice said Credit Suisse Services AG will hand over more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

A significant settlement in a U.S. tax fraud case against Credit Suisse contains numerous compliance lessons related to ...

UBS Group (UBS), which acquired Credit Suisse in 2023, agreed to pay $511M  to settle a long-running tax-related investigation into Credit Suisse's implementation of its 2014 plea agreement, the ...

The Swiss federal prosecutor has appealed against a court decision to acquit collapsed lender Credit Suisse, now part of UBS ...

UBS Group AG UBS agreed to pay $511 million to resolve a tax probe by the U.S. Department of Justice (“DOJ”) against Credit Suisse for preparing false income tax returns and tax evasion.

This is the second deal in 11 years for Credit Suisse, after it pleaded guilty in 2014 for helping high-net-worth U.S. clients hide money from the IRS. The bank merged with UBS Group AG in May 2024.

The Swiss bank, which acquired Credit Suisse in 2023, and the Justice Department said Monday that Credit Suisse Services AG pleaded guilty to tax crimes and entered into a separate nonprosecution ...

UBS (UBSG.S), opens new tab said on Monday that Credit Suisse Services AG pleaded guilty to one count of conspiracy to aid and assist in the preparation of false income tax returns. UBS said it ...

UBS Group AG is heading for defeat in the first round of its effort to water down the Swiss government’s law that could force ...

The Department of Justice (DOJ) said Credit Suisse Services AG will pay more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

The more than $510 million in "penalties, restitution, forfeiture and fines" that Credit Suisse Services AG must pay are part of a guilty plea and non-prosecution agreement that the now UBS-owned ...