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UBS faces new lawsuit by Appaloosa over Credit Suisse $17 billion bond wipeout By Reuters
Investing.com· 22 hours agoAppaloosa said Credit Suisse Chief Executive Ulrich Koerner falsely proclaimed that liquidity was...
UBS Group (UBS) to Cut Jobs for $10 Billion Cost Reduction
Zacks via Yahoo Finance· 3 days agoUBS Group (UBS) plans to cut jobs in five separate waves, starting June 2024, to save costs. The...
UBS Plans Next Round of Layoffs in Credit Suisse Integration
Bloomberg· 1 week agoUBS Group AG is planning another round of job cuts as the firm continues to trim headcount following...
UBS Navigates Complex Regulatory Terrain in Bid for Full Control of China Platform (Updated)
Benzinga via Yahoo Finance· 2 weeks agoEditor’s Note: The story has been updated to correct Citadel CEO name UBS Group AG (NYSE:UBS) is...
UBS gets backing for capital plan, Ermotti pay from Norway wealth fund
Reuters· 2 days agoThe vote from the Norwegian fund, UBS' second-largest shareholder, at...week is a boost for UBS,...
Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout
Bloomberg· 2 days agoHedge fund Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds...
UBS Shareholders Approve Making Bank’s AT1 Bonds Convertible
Bloomberg· 1 day agoUBS Group AG shareholders voted on a change that will make the bank’s recently-issued Additional Tier 1 bonds convertible, moving away from a feature that ...
3 Credit Suisse Mutual Funds for Consistent Returns
Zacks via Yahoo Finance· 3 days agoCredit Suisse AG is an owned subsidiary of UBS Group AG, following its acquisition by the latter ...
UBS Dials Back China Fund Plans on High Costs, Grim Outlook
Bloomberg· 2 days agoUBS Group AG is postponing plans to build its own mutual fund business in mainland China due to high...
UBS Is Said to Face $20 Billion Capital Hit Under Swiss Plan
Bloomberg via Yahoo Finance· 1 week ago(Bloomberg) -- UBS Group AG faces an increase in regulatory capital requirements that could reach...