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The deal settles Credit Suisse’s outstanding obligations relating to mortgage-backed bonds sold before the 2008 financial ...
The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations ...
UBS said Monday that it has completed its takeover of embattled rival Credit Suisse in a bid to safeguard Switzerland's reputation as a global financial center and choke off market turmoil.
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GlobalData on MSNUBS to settle Credit Suisse’s RMBS obligations with $300m paymentThe obligations stem from a 2017 agreement related to the bank's legacy residential mortgage-backed securities business.
UBS Group AG is sounding out investors for a potential significant risk transfer, according to people familiar with the ...
UBS (UBS) and Credit Suisse rank among the 30 most important banks in the global financial system, and together they have almost $1.7 trillion in assets. Regulators applaud the takeover ...
UBS hits a 52-week high on strong Q2 results, Credit Suisse integration gains, and solid capital position despite expense ...
UBS, Switzerland's largest bank, has agreed to buy rival Credit Suisse for more than $3 billion in an emergency deal to avoid turmoil stemming from the current banking crisis.
UBS agreed to buy its embattled rival Credit Suisse for $3.2 billion Sunday, with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global ...
GENEVA — 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 ...
UBS stock was up some 2% in Zurich while Credit Suisse shares cratered by some 60%. As a result of the deal, UBS has seen its total assets balloon to a whopping $5 trillion.
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