The Swiss bank engaged in a “pattern of obstruction” by not sharing some information during past investigations into the ...
Investigators digging into archives at failed lender Credit Suisse found several Nazi-linked bank accounts that were never ...
potentially paving the way for stricter oversight of its new owner UBS. Credit Suisse, which was once a pillar of the financial establishment and Switzerland's second-biggest bank, unravelled in a ...
This comes as authorities in the country consider stricter regulations to prevent a similar incident like the Credit Suisse fall in 2023. That’s important to note as this event saw UBS buy ...
A cache of client files stamped “American blacklist,” a designation for those financing or trading with Nazis or Axis ...
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 ...
The probe also exposed evidence showing a “significant connection” between Credit Suisse and so-called ratlines —networks that helped Nazi war criminals and collaborators escape after World War II ...
In a report released today, Anke Reingen from RBC Capital maintained a Buy rating on UBS Group AG (UBS – Research Report), with a price target ...
When UBS agreed to buy Credit Suisse in March 2023, it was a pivotal moment for European banking. The government-brokered deal was considered historic and its success was instrumental in ...
Bain Capital in talks to buy Little Caesars operator Sizzling ... to sue Switzerland for $225 million after UBS' takeover of Credit Suisse last year led to the erasure of $17 billion of the ...