UBS, Credit Suisse

UBS Close to Large Settlement Over Credit Suisse Tax Case
The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that UBS acquired in 2023.
UBS Nears Settlement Over Credit Suisse Tax Evasion, Report Says
Credit Suisse Closed, But Didn't Report, Some Accounts. The Justice Department has reportedly questioned the bank over accounts totaling hundreds of millions of dollars that were
UBS nears settlement over Credit Suisse tax evasion case, WSJ reports
A settlement could come as soon as this week, WSJ reported, citing people familiar with the matter. UBS and the DOJ declined to comment on the report. A U.S. Senate Finance Committee in 2023 found that Credit Suisse violated the plea deal made in 2014 with U.
Ex-Credit Suisse Client Charged by US Amid Tax Evasion Probe
A former Credit Suisse Group AG client was charged with a tax-evasion conspiracy in the US as officials weigh whether the bank — now owned by UBS Group AG — breached a 2014 plea deal in which it paid $2.
UBS reportedly close to settling Credit Suisse tax charges with Justice Department
The banking giant is set to pay at least a nine-figure sum over collapsed lender's failure to cooperate with efforts to catch tax-evading clients, according to the Wall Street Journal.
UBS set to settle Credit Suisse US tax case, WSJ reports
A settlement in the hundreds of millions of dollars related to a decade-old tax evasion case could come as soon as this week, the Wall Street Journal reported.
UBS set to pay ‘at least hundreds of millions’ in DOJ settlement, WSJ reports
UBS (UBS) is set to pay “at least hundreds of millions of dollars” to settle violations by Credit Suisse of an earlier agreement with the
UBS Prepares To Settle Tax Evasion Violations By Credit Suisse: Report
UBS is reportedly preparing to settle claims related to violations by Credit Suisse, over tax evasion by American clients. The potential settlement could reach hundreds of millions and be finalized so
Credit Suisse had more Nazi-linked accounts than previously known: probe
The Swiss bank engaged in a “pattern of obstruction” by not sharing some information during past investigations into the lender’s ties to Nazis, the Senate Budget Committee said.
UBS poised to pay hundreds of millions over Credit Suisse tax case - report
UBS Group (NYSE:UBS) is close to paying hundreds of millions of dollars for alleged violations by Credit Suisse of an earlier agreement with the U.S. Justice Department regarding U.S. clients who evaded tax,
Dozens more investors sue over €17bn Credit Suisse debt wipeout
Dozens of new investors have joined a lawsuit against Switzerland over the wipeout of €17bn of Credit Suisse debt, arguing that the government “folded to virtually all of UBS’s demands” when it ...
Acusan a excliente de Credit Suisse de evasión fiscal en EE.UU.
Una exclienta de Credit Suisse Group AG fue acusada de conspiración para evadir impuestos en Estados Unidos, mientras las ...
UBS reportedly nears settlement over Credit Suisse tax evasion case
A U.S. Senate committee found that Credit Suisse violated the plea deal made in 2014 by continuing to help ultra-wealthy ...
Credit Suisse hid Nazi bank accounts under ‘American blacklist’ file to evade investigators: report
Investigators digging into archives at failed lender Credit Suisse found several Nazi-linked bank accounts that were never ...
UBS upgraded to Outperform from Neutral at Exane BNP Paribas
Exane BNP Paribas upgraded UBS (UBS) to Outperform from Neutral with a price target of CHF 35, up from CHF 27.50. The firm says market concerns ...
UBS CEO Sergio Ermotti warns against excessive banking regulation ahead of overhaul
UBS is wary of what could emerge and Ermotti said tougher regulation across the board could weaken the Swiss financial sector against competition in London, Hong Kong and Singapore ...