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

The obligations stem from a 2017 agreement related to the bank's legacy residential mortgage-backed securities business.

The pan-European Stoxx 600 ( STOXX) gained 0.50% to 538.5, opening the week in positive territory. The rebound followed last ...

UBS has agreed to pay $300mn to resolve a legacy Credit Suisse case in the US related to the mis-selling of residential ...

UBS Group AG is sounding out investors for a potential significant risk transfer, according to people familiar with the ...

Under the 2017 agreement, Credit Suisse agreed to pay $5.7 billion to settle with U.S authorities over claims it misled ...

Swiss multinational investment bank UBS said on Monday that it had reached a deal with the United States Department of ...

UBS settles $300M with DOJ over Credit Suisse’s RMBS obligations tied to 2008 crisis, fulfilling remaining consumer relief ...

Big hedge funds are monopolizing CEO access — a once-routine process that's become another sign of the haves and the ...

UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant ...

UBS, which acquired Credit Suisse in 2023, said Monday (Aug.4) that it has agreed to pay $300 million to bring the legacy matter to an end. The agreement was made with the DoJ on August 1 and will ...