The United States is pursuing an inquiry into Russian clients that UBS took on when it bought Credit Suisse, three people ...
“Based on the experience of the Credit Suisse crisis, additional options for action are required to further strengthen crisis preparations and resolution planning for systemically important ...
In the wake of the collapse of Credit Suisse, Stefan Walter, director of FINMA, continues to insist on more expertise and more staff for the banking supervisory authority.
UBS Group AG posted third quarter profit that almost doubled expectations, adding to evidence that the bank’s integration of Credit Suisse is on track.
Like JPMorgan, UBS took advantage of the 2023 banking crisis by acquiring distressed Swiss investment banking competitor Credit Suisse in a $3.2 billion takeover deal. UBS will acquire an ...
“Based on the experience of the Credit Suisse crisis, additional options for action are required to further strengthen crisis preparations and resolution planning for systemically important ...
The Mozambique ship-financing scandal that rocked Credit Suisse continues to haunt UBS Group AG, after Swiss prosecutors revealed they opened a criminal probe late last year.
As UBS works to integrate Credit Suisse, the Swiss bank's main regulator has issues with its living will. Since the 2008 financial crisis, banks globally need to have resolution plans, detailing ...
For example, according to an Oct. 15th article in Euronews, Swiss regulator FINMA has asked UBS to update its crisis management plans post-merger with Credit Suisse, so that any future crisis ...
Swiss Finance Minister Karin Keller-Sutter said that the level of extra capital that UBS Group AG will have to maintain ...
“Based on the experience of the Credit Suisse crisis, additional options for action are required to further strengthen crisis preparations and resolution planning for systemically important banks,” ...