News

UBS Group AG lost the crux of its case against European Union regulators over Credit Suisse Group AG’s involvement in a ...
UBS's second-quarter profit more than doubled from a year earlier, beating expectations on a surge in trading activity even ...
More than two years have passed since the announcement of the Credit Suisse deal. UBS's earnings and sales are slowly ...
The banking giant reported higher second-quarter net profit and pushed back against Switzerland’s plans to put stricter ...
UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant ...
UBS has reported its first quarterly profit since buying ailing rival Credit Suisse, marking a sharp turnaround from six months of losses that immediately followed the closure of the rescue deal.
UBS’s takeover of Credit Suisse led to a surge in earnings in the second quarter, but third-quarter losses underscore that integrating its rival will be a long process.
UBS made a pre-tax loss of $255 million in the third quarter. Stripping out costs related to the Credit Suisse integration, it recorded an underlying profit before tax of $844 million.
That UBS is now left with the bill is a reminder of the risk it took when it agreed, under pressure from the Swiss authorities, to rescue Credit Suisse for $3.2 billion.
Assuming ubs ’s shears are sufficiently sharp, and 70% of Credit Suisse Schweiz’s costs can be chopped, separating the whole business would mean forgoing nearly a third of the deal’s total ...
UBS, which has been reviewing its personnel since its historic merge with rival Swiss bank Credit Suisse back in March, has appointed five lawyers to its global litigation leadership team ...
UBS has been ordered to pay $388 million to British and US regulators over Credit Suisse's dealings with private investment firm Archegos Capital Management, the Swiss bank said Monday.