UBS is expected to face another claim by former shareholders and employees of Credit Suisse who suffered losses due to the emergency takeover of the latter.
Last year saw global wealth decline for the first time in fourteen years as rampant inflation ate into the value of people's assets. The total net wealth of the world's 5.4 billion adults slipped by
Nvidia is being tipped to impress again next week when it releases second quarter earnings. UBS is one of its fans and ahead of the numbers has upped its earnings estimates for the next three years an
Swiss bank UBS has agreed to pay more than $1.4 billion in a settlement with the U.S. Department of Justice over alleged misconduct leading up to the 2008 financial crisis.
Swiss banking giant UBS agreed Monday to pay roughly $1.4 billion to settle a lawsuit regarding its handling of residential mortgage-backed securities (MBS) in the years leading up to the 2008 financi
UBS Group AG (NYSE: UBS) is in focus today after it agreed to pay civil penalties worth $1.43 billion to settle a long-standing case with the U.S. Department of Justice.
The civil action was filed in November 2018 alleging misconduct related to UBS' underwriting and issuance of residential mortgage-backed securities issued in 2006 and 2007, according to the Justice De
The Justice Department just closed its final investigation into the 2008 financial crisis.
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great R
UBS has agreed to pay $1.44 billion to settle a Justice Department case tied to the issuance of residential mortgage-backed securities in the buildup to the 2008-09 financial crisis.
Swiss bank UBS agreed to pay a combined $1.4 billion in penalties over fraud and misconduct in its offering of mortgage backed securities dating back to the global financial crisis, federal prosecutor
Arthur Cashin, UBS Financial Services director of floor operations, joins 'Squawk on the Street' to discuss concerns about supplies of Treasury bonds increasing, testing for cyclical changes in mid-Au
Swiss megabank UBS has agreed to voluntarily end a $10 billion backstop used to cover potential losses from its merger with Credit Suisse.
Aviva PLC's (LSE:AV.) interim results on Wednesday 16 August will see investors and analysts zeroing in on the impact of Canadian wildfires, with analysts not expecting a repeat of its share buyback.
The move to give up a loss-protection agreement suggests that UBS hasn't found too many skeletons in Credit Suisse's books.
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