Week’s Best: UBS’ Bold Move to Lower Advisor Pay
The move risks advisor departures in the short term but could help the Swiss bank improve the profitability of its U.S.
Credit Suisse conviction in 2022 cocaine cash laundering case is overturned
A former employee, found guilty of money-laundering, died in April 2023; her heirs and the bank filed an appeal that November ...
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UBS acquitted on appeal in Credit Suisse cocaine trial
Swiss banking giant UBS, which took over its rival Credit Suisse last year, has been acquitted on appeal in a high-profile ...
RBC Capital Sticks to Its Buy Rating for UBS Group AG (UBS)
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 ...
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UBS Acquitted Over Credit Suisse Criminal Money Laundering Case
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 ...
Credit Suisse Cocaine Case Overturned With UBS Acquittal (1)
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 ...
UBS returns to tap high net worth women’s wealth
UBS Group AG is returning to wealth management in Australia after it exited almost a decade ago, tapping the Credit Suisse ...
Credit Suisse acquitted of 2022 conviction over cocaine cash laundering case
A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is now part of UBS ...
UBS Cuts Four Loan Bankers in Hong Kong, Singapore as Deal Flow Slows
UBS Group AG cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding ...
U.S. Tariff Threat Adds To Europe’s Auto Woes, Led By CO2 Rules
A U.S. tariff threat has added to the European auto industry's woes, which include strikes, factory closures, a weak economy, ...
Credit Suisse acquitted of 2022 conviction in cocaine cash laundering case
A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is now part of UBS ...
Credit Suisse conviction annulled in 2022 cocaine cash laundering case
A top Swiss court on Wednesday acquitted Credit Suisse of a 2022 criminal conviction when the bank that is now part of UBS ...