The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that ...
UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement ...
Swiss banking giant UBS could reportedly pay "at least hundreds of millions of dollars" in penalties related to prior misconduct at Credit Suisse, which UBS acquired after the bank collapsed in 2023.