Credit Suisse Closed, But Didn't Report, Some Accounts. The Justice Department has reportedly questioned the bank over accounts totaling hundreds of millions of dollars that were ...

UBS Group (NYSE:UBS) is close to paying hundreds of millions of dollars for alleged violations by Credit Suisse of an earlier ...

The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that UBS acquired in 2023.

UBS said it was working with the independent ombudsman, Neil Barofsky, a former U.S. prosecutor who had previously been engaged by Credit Suisse to look into the issue, to lead a review aimed at ...

UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them ...

(Reuters) - UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement with the U.S. Department of Justice over customers in the U.S.

UBS Group AG UBS is on the verge of a settlement with the U.S. government that could include hundreds of millions of dollars in fines. This was reported by the Wall Street Journal (“WSJ”). The ...

The Swiss bank engaged in a “pattern of obstruction” by not sharing some information during past investigations into the lender’s ties to Nazis, the Senate Budget Committee said.

UBS Group AG (NYSE:UBS) is set to continue reducing its workforce following its historic acquisition of Credit Suisse, said CEO Sergio Ermotti in an interview to Bloomberg. The Swiss lender is aiming ...