A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health ...
Though they rank above shares in banks' capital structures, Switzerland's financial regulator FINMA had no obligation to pay ...
Citi Research downgrades UBS Group's stock as its valuation looks full after a sharp rally, but UBS gains 1.3% in ...
UBS Group (UBS) plans to cut jobs in five separate waves, starting June 2024, to save costs. The other waves are set to take ...
A year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as $27 billion to absorb ...
Credit Suisse AG is an owned subsidiary of UBS Group AG, following its acquisition by the latter in June 2023. It was previously known as Credit Suisse Group AG. Credit Suisse mutual funds manage ...
UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently ...
Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s ...
UBS Group AG is set to slash jobs as part of its ongoing efforts to reduce its workforce following the takeover of Credit Suisse, according to a Bloomberg report citing sources. The job cuts are ...
UBS Group’s smaller Swiss rivals have been on a hiring spree for former Credit Suisse employees, hoping to take a bigger slice of the wealth-management market. Credit Suisse’s downfall and its ...
The Swiss banking giant plans to trim headcount in banking, markets and wealth management, Bloomberg reported. The lender has said it aims to save around $6 billion in staff costs in the coming years.
However, after the acquisition of Credit Suisse, UBS has been facing class action suits and complaints ... Image Source: Zacks Investment Research Currently, UBS Group sports a Zacks Rank #1 (Strong ...