Investors who purchased $17 billion worth of Credit Suisse bonds were outraged after Swiss regulators approved a $3.2 billion rescue by rival UBS that left them holding the bag. Holders of so ...

The merger of UBS AG and Credit Suisse AG was completed in May 2024 and the transition to a single US intermediate holding company took place in June 2024. We continue to make progress related to the ...

UBS is taking over Credit Suisse even after Credit Suisse received a $54 billion financial lifeline from the Swiss National Bank to bolster its liquidity last week. UBS said it will pay $3.2 ...

Credit Suisse's Zurich-listed shares plummeted 93% between the start of 2021 and last Sunday and currently trade at UBS's agreed takeover price of 0.76 francs ($0.83).

UBS and Credit Suisse posted their biggest daily decline in 10 days, falling around 4% in early trading before paring losses to stay down 2.9% and 2.4%, respectively.

In 2017, Credit Suisse finalized a $5.3 billion agreement with the DOJ to resolve claims that it misled mortgage bond investors before the 2008 financial crisis.

The Credit Suisse settlement eight years ago, in which the bank did not admit wrongdoing, included a $2.48 billion civic penalty and $2.8 billion in consumer relief to be provided over a period of ...

GENEVA (AP) — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the ...

♦ Banking giant UBS is buying its smaller rival Credit Suisse for $3.2 billion. The deal caps a volatile week for Credit Suisse, including when its shares plunged on Wednesday.

UBS UBS 0.15% Group agreed to pay $300 million to settle outstanding obligations Credit Suisse had committed to in a deal with the U.S. Justice Department over bonds backed by mortgages sold ...