UBS Group AG - Registered Shares Stock News

A top Swiss court has ruled that the Swiss government's reductions and cancellations of bonus payments to former executives of Credit Suisse after the bank failed in 2023 were unlawful, according to the ruling published late on Tuesday.

The Swiss federal prosecutor has appealed against a court decision to acquit collapsed lender Credit Suisse, now part of UBS , in a money laundering case of a Bulgarian cocaine trafficking gang, reviving the legal issue for the bank.

Swiss bank UBS Group is in talks to sell its hedge fund unit, O'Connor, to Cantor Fitzgerald, Bloomberg News reported on Thursday, citing people familiar with the matter.

The former employees set to strike it rich for telling U.S. authorities Credit Suisse wasn't living up to its promise to block tax evasion.

NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”). NYSE Ticker   ETN Name and Prospectus Supplementa   Coupon Valuation Date   Ex-Date   Record Date   Payment Date   Coupon Amount   Payment Schedule   Curr...

The Department of Justice (DOJ) said Credit Suisse Services AG will hand over more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

NEW YORK & ZURICH--(BUSINESS WIRE)--General Atlantic and UBS Group AG (NYSE: UBS) announce today a strategic partnership focused on private credit opportunities. The collaboration between UBS and General Atlantic Credit (GA Credit) aims to enhance investing clients' and borrowers' access to a broader set of direct lending and other credit products. The partnership formalizes and expands a histo...

The Swiss bank, which acquired Credit Suisse in 2023, settled the U.S. probe into violations of an agreement with the DOJ over American clients who evaded taxes.