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UBS faces new lawsuit by Appaloosa over Credit Suisse $17 billion bond wipeout
WHTC 1450 Holland· 6 hours agoBy Jonathan Stempel (Reuters) - A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former ...
Switzerland says UBS may need more cash. The bank is fuming
WKBT La Crosse· 9 hours agoA year after the failure of Credit Suisse, the Swiss government says UBS may have to find as much as...
UBS Chairman Says He’s Seriously Concerned Over Capital Reforms
Bloomberg· 15 hours agoHave a confidential tip for our reporters? UBS Group AG Chairman Colm Kelleher said that the Swiss...
UBS to Regulators: We Don't Need Extra Capital
The Wall Street Journal· 7 hours agoUBS Chairman Colm Kelleher criticized Switzerland’s plans to increase the bank’s loss buffers, saying “additional capital is the wrong remedy” to prevent...
Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout
Bloomberg· 23 hours agoHedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds...
UBS flags 'serious' concern about new Swiss capital requirements
Reuters via Yahoo Finance· 14 hours agoThe government laid out plans two weeks ago for how to police banks deemed "too big to fail" to...
UBS’s Swiss Rivals Hope Credit Suisse Hires Will Win Wealthy Clients
The Wall Street Journal· 2 days agoUBS Group’s smaller Swiss rivals have been on a hiring spree for former Credit Suisse employees,...
Credit Suisse Group (NYSE:CS) Coverage Initiated at StockNews.com
ETF DAILY NEWS· 2 days agoStockNews.com started coverage on shares of Credit Suisse Group (NYSE:CS – Free Report) in a research report released on Monday. The firm issued a hold ...
UBS chair says Swiss banking giant is not 'too big to fail'
CNBC· 14 hours agoUBS Group Chairman Colm Kelleher on Wednesday said that the Swiss bank is "not too big to fail," as...
3 Credit Suisse Mutual Funds for Consistent Returns
Zacks via Yahoo Finance· 2 days agoCredit Suisse AG is an owned subsidiary of UBS Group AG, following its acquisition by the latter in June 2023. It was previously known as Credit ...