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.

The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that ...

The Swiss bank engaged in a “pattern of obstruction” by not sharing some information during past investigations into the ...

The U.S. Wall Street Journal (WSJ) reported that customer information of those involved, which had not been disclosed, was ...

Investigators looking into Credit Suisse’s connections to Nazi-era account holders uncovered new evidence that the bank failed to disclose during earlier probes, US Senate Budget Committee leaders ...

For centuries, mysterious legends have been told about fateful coincidences in the biographies of American leaders. From ...

In today’s environment, the companies that succeed aren't just the ones with the best mathematical models and computers.

Syndicated loan prices moved lower in the third quarter, with notable volatility in late July and early August in this and ...

It welcomes the fact that the PInC's report takes a positive view of the authorities' actions in the Credit Suisse crisis and of the solution chosen with the takeover by UBS. In its report for the ...

“Credit Suisse’s long-term mismanagement is the cause of the crisis,” a parliamentary commission of inquiry said, following an 18-month investigation raking over the dramatic March 2023 ...

In February 2022, various international media outlets launched a broadside against Credit Suisse and Switzerland’s financial ... up empty office towers in Cleveland during the financial crisis to park ...