Laura DeFelice, Chair of the Board at Credit Suisse Asset Management Income Fund Inc. (CIK), acquired a significant number of shares in the company, according to a recent SEC filing. The fund, which ...
Both banks offer similar services. UBS and Credit Suisse provide investment banking, high-net-worth wealth management, asset management, stock and bond sales and trading. UBS has more than 74,000 ...
UBS Group AG has removed Credit Suisse’s signs at its one-time arch-rival’s former headquarters in Zurich, replacing them ...
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 ...
Robert Chen and his team like strategies like direct indexing because they systematically tax loss harvest throughout the ...
The Swiss bank engaged in a “pattern of obstruction” by not sharing some information during past investigations into the lender’s ties to Nazis, the Senate Budget Committee said.
The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that UBS acquired in 2023.
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 ...
UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement with the U.S. Department of Justice over customers in the U.S. who evaded ...
Credit Suisse has been found guilty and fined for involvement in money laundering related to a Bulgarian drugs ring. Switzerland's criminal court found that the bank did not do enough to prevent ...
Committee publishes 569-page report on Credit Suisse meltdown Says 'years of mismanagement' caused crisis Criticises lack of transparency at regulators Report will be used to inform banking sector ...
An investigation by a U.S. Senate panel has found that troubled investment bank Credit Suisse concealed information during previous inquiries into Nazi-controlled bank accounts during World War II.