Swiss banking giant UBS, which took over its rival Credit Suisse last year, has been acquitted on appeal in a high-profile money laundering trial, Switzerland's Federal Criminal Court said Wednesday.
A former employee, found guilty of money-laundering, died in April 2023; her heirs and the bank filed an appeal that November ...
The move risks advisor departures in the short term but could help the Swiss bank improve the profitability of its U.S.
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ...
Large-capitalization U.S. stocks have outperformed virtually all comers over the past 15 years. According to some of the ...
Credit Suisse’s 2022 conviction for failing to prevent the money laundering of a cocaine dealer’s profits was overturned by a Swiss appeals court following the death of one of its former employees who ...
The Swiss Appeals court ruled on Wednesday that it “in view of A.’s death, it was not possible to examine the bank’s” alleged ...
A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is now part of UBS ...
A top Swiss court on Wednesday acquitted Credit Suisse, now part of UBS, of failing to prevent money laundering by a ...
UBS Group AG cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding ...
RBC Capital analyst Anke Reingen maintained a Buy rating on UBS Group AG (UBS – Research Report) today and set a price target of CHF32.00. The ...
A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is now part of UBS ...