The obligations stem from a 2017 agreement related to the bank's legacy residential mortgage-backed securities business.

The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations ...

UBS is pleased to announce that it has reached an agreement with the United States Department of Justice (DOJ) to resolve a legacy matter related to outstanding obligations under a 2017 agreement ...

UBS, which acquired Credit Suisse in 2023, said Monday (Aug.4) that it has agreed to pay $300 million to bring the legacy ...

The deal settles Credit Suisse’s outstanding obligations relating to mortgage-backed bonds sold before the 2008 financial ...

UBS has reached an agreement in the US with the US Department of Justice (DOJ) for another Credit Suisse legacy issue. As ...

UBS has agreed to pay $300mn to resolve a legacy Credit Suisse case in the US related to the mis-selling of residential ...

UBS is on track to miss an internal target to cut its headcount to 85,000 by the time it completes its integration of Credit ...

According to a media report, the planned job cuts at UBS are progressing more slowly than expected. But the fact that the ...

UBS Group AG is sounding out investors for a potential significant risk transfer, according to people familiar with the ...

UBS reported net profit of $29 billion for the second quarter. The bumper profit is due to a huge one-off gain that reflects how the acquisition costs were far below Credit Suisse's value.

For 2023 as a whole, UBS reported a profit of $29 billion, which largely reflected an accounting gain booked on the difference between the knockdown price it paid for Credit Suisse and the much ...