When UBS Group AG agreed to buy Credit Suisse Group AG in March 2023, it was a pivotal moment for European banking. The ...
By Dave Graham and Ariane Luthi BERN (Reuters) -Swiss lawmakers called for stricter oversight of the financial sector after ...
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 ...
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 ...
Wealth Management, its main unit, represents 60% of UBS's Revenue, but is still lagging in terms of ROE. Explore more details ...
UBS Group AG is looking at enacting job cuts in France in response to the country’s deteriorating economic outlook and the ...
An investigation by a US Senate panel has found that troubled investment bank Credit Suisse concealed information during previous inquiries into Nazi-controlled bank accounts during World War II.
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 ...
Meanwhile UBS said the report "confirms that the collapse of Credit Suisse was driven by years of strategic errors, mismanagement and reliance on substantial regulatory concessions". But the bank ...
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 ...
But the reductions at UBS are also linked to the ongoing effort to integrate the former competitor Credit Suisse, which it agreed to buy early last year. UBS has repeatedly said that fusing the ...