UBS Group AG is set to cancel payment services for clients in Italy as it moves to phase out some of the businesses it took on when it bought rival Credit Suisse last year. Switzerland’s biggest bank ...
A top Swiss court on Wednesday acquitted Credit Suisse, now part of UBS, of failing to prevent money laundering by a Bulgarian cocaine trafficking gang, overturning a 2022 conviction. The Federal ...
The case centers on 2016 transfers and alleged organizational deficiencies in Credit Suisse’s anti-money-laundering controls.
The historic takeover of Credit Suisse is now complete, UBS, arch rival of the failed Swiss bank announced Friday. Credit Suisse has been deregistered in Zurich and will cease to exist as a separate ...
The charges are the latest in a saga that started around 2013, when Credit Suisse arranged debt deals for state-owned ...
Switzerland might have averted the collapse of Credit Suisse, its second largest bank, if the country’s financial regulator took a harder line overseeing it and enforcing capital rules, a ...
A group of Japanese investors has sued Switzerland over write-downs of Additional Tier 1 (AT1) hybrid bonds of fallen lender ...
Swiss prosecutors have indicted a former official at Credit Suisse for alleged money laundering in a case involving state companies in Mozambique, and they have charged the bank for not doing enough ...
Swiss federal prosecutors on Monday accused UBS-owned Credit Suisse of failing to prevent money laundering linked to loans ...
The latest plea deal caps a years-long investigation by the Department of Justice and underscores what federal officials described as a “massive criminal tax evasion scheme.” The new charges stem from ...