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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, which acquired Credit Suisse in 2023, said Monday (Aug.4) that it has agreed to pay $300 million to bring the legacy ...
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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 settles $300M with DOJ over Credit Suisse’s RMBS obligations tied to 2008 crisis, fulfilling remaining consumer relief ...
UBS said it’s now achieved $9.1 billion of gross savings from its purchase of Credit Suisse as the Swiss banking giant ...
UBS Group AG is sounding out investors for a potential significant risk transfer, according to people familiar with the ...
Dario Item plays a key role in a $17B Credit Suisse bond case that could reshape global investment laws. A landmark $17 ...
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.
2024 will be the “pivotal” year in the takeover of Credit Suisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more than 50 ...
UBS shows growth potential post-Credit Suisse deal with improving earnings. Read why UBS stock is rated Hold despite upside opportunities.
The historic rescue of Credit Suisse by UBS in March 2023 represents the first major bank merger of the net zero era, as climate change forces the sector to grapple with a new layer of risk. And ...
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