( MENAFN - Swissinfo) Former Swiss Finance Minister Ueli Maurer has criticised a parliamentary report on UBS's takeover of ...

Should the bank fail, there are no local rivals left to absorb it, while the cost of nationalisation could severely damage ...

LONDON (Reuters) - The U.S. Department of Labor granted UBS a ... from June 2023 when the bank took over failed rival Credit Suisse. UBS needs the waiver to service U.S. pensioners because in ...

Lasha Kalandadze, lawyer for the honorary chairman of the ruling Georgian Dream party, Bidzina Ivanishvili, said Swiss bank ...

UBS Group AG (NYSE:UBS) is set to continue reducing its workforce following its historic acquisition of Credit Suisse, said CEO Sergio Ermotti in an interview to Bloomberg. The Swiss lender is aiming ...

Prosecutors have weighed how best to punish Credit Suisse since it came under new ownership via a rescue by UBS in 2023. It could be one of the last big actions for the Justice Department under ...

UBS is reportedly expected to pay hundreds of millions of dollars to resolve violations by Credit Suisse related to a 2014 plea agreement with the US Justice Department. Citing anonymous sources ...

In 2023, Credit Suisse collapsed, shaking the foundations of the global banking establishment. But for onlookers who were aware of the lender’s numerous afflictions, it’s sudden demise was no ...

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 the Second ...

Commerzbank’s supervisory board chairman Jens Weidmann has cast doubt on the chance of a friendly merger with Italy’s UniCredit following the latter’s surprise acquisition of a significant stake in ...