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Hosted on MSN28d
UBS reports huge 2Q profit skewed by Credit Suisse takeover, foresees $10B in cost cuts
In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped ...
9h
UBS Near Settlement in Credit Suisse $1.5 Billion Tuna Bond Case
UBS Group AG is closing in on a settlement with the government of Mozambique over Credit Suisse’s role in a ship-financing ...
1d
UBS, Credit Suisse face wider US probe over Russia sanctions, Bloomberg reports
UBS shares fell on Wednesday after a report that the U.S. Department of Justice has stepped up scrutiny into alleged ...
Hosted on MSN28d
UBS posts $29 billion second-quarter profit in first results since Credit Suisse takeover
UBS on Thursday posted a second-quarter profit of $28.88 billion in its first quarterly earnings since Switzerland's largest bank completed its takeover of stricken rival Credit Suisse. Analysts ...
New York Post28d
UBS to slash 3K jobs despite posting $29B profit since Credit Suisse takeover
Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with “full ...
bankingdive1d
DOJ probes UBS, Credit Suisse over sanctions breaches
Credit Suisse’s alleged compliance issues may have caused some Russian clients to avoid sanctions, resulting in a Department of Justice investigation, Bloomberg reported.
The Washington Post28d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with ...
1d
UPDATE 2-UBS, Credit Suisse face wider US probe over Russia sanctions -Bloomberg News
UBS shares fell on Wednesday after a report that the U.S. Department of Justice has stepped up scrutiny into alleged compliance failures that helped Russian clients to evade sanctions.
Newsday28d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead with ...
The Hour28d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead ...
WOKV28d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA — (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead ...
AOL28d
UBS reports huge 2Q profit skewed by Credit Suisse takeover and foresees $10B in cost cuts
GENEVA (AP) — Swiss banking giant UBS on Thursday announced plans to save $10 billion in costs, including through 3,000 staff reductions in Switzerland in the coming years, as it moves ahead ...

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