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 ...

Activist investor Cevian Capital raised its share stake in bank UBS by 9.9% in the second quarter, according to a regulatory ...

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

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

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

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

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.

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 ...

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

UBS settles $300M with DOJ over Credit Suisse’s RMBS obligations tied to 2008 crisis, fulfilling remaining consumer relief ...

Since UBS bought Credit Suisse in a 3 billion Swiss franc ($3.4 billion) deal completed last month, investors have come to share the optimism of UBS Chairman Colm Kelleher, who has highlighted the ...