The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations ...

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.

UBS on Monday said it will pay $300 million to settle outstanding obligations related to the misselling of mortgage-linked ...

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 ...

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

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 ...

Credit Suisse, which had reached a settlement with the DOJ in 2017, was taken over by UBS in 2023 following a series of ...

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 ...