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 ...

As Stefan Bollinger moves into the chief executive’s office at Julius Baer Group Ltd on Thursday, the lender’s investors want answers to two big questions: how much can he boost profitability and how ...

Find insight on BBVA, UBS, London Stock Exchange Group and more in the latest Market Talks covering financial services.

Credit manager Sona Asset Management returned 18.76% in its Credit Master Fund in 2024, benefiting from a surge in European ...

The closure of this firm's London office follows the decision by peer firm Armstrong Teasdale to shutter its own London base ...

Built at a cost of over $1 billion and opened in September 2023, The Peninsula London is one of the most exclusive hotels in ...

CREDIT Suisse veteran Ray Farris has been appointed chief economist of Prudential’s asset management arm, Eastspring ...

UBS is wary of what could emerge and Ermotti said tougher regulation across the board could weaken the Swiss financial sector against competition in London, Hong Kong and Singapore ...

The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...

In February 2022, various international media outlets launched a broadside against Credit Suisse and Switzerland’s financial ... out that dubious activities were merely migrating to Miami, London or ...

Credit Suisse collapsed due to 'years of mismanagement', according to a damning report from Swiss MPs. The global banking giant, which employed more than 50,000 staff worldwide and more than 5,500 ...