UBS is pleased to announce that it has reached an agreement with the United States Department of Justice (DOJ) to resolve a legacy matter related to outstanding obligations under a 2017 agreement ...

Swiss banking giant UBS said on Monday it agreed to pay $300 million in a deal with the US Department of Justice to settle a subprime crisis case it inherited from Credit Suisse.

UBS on Monday said it will pay $300 million to settle outstanding obligations related to the misselling of mortgage-linked ...

Joby Aviation agreed to acquire Blade Air Mobility's passenger division for up to $125 million. The Taiwanese company plans to work with partners to convert the factory into a plant making cloud ...

The obligations stem from a 2017 agreement related to the bank's legacy residential mortgage-backed securities business.

UBS, which acquired Credit Suisse in 2023, said Monday (Aug.4) that it has agreed to pay $300 million to bring the legacy matter to an end. The agreement was made with the DoJ on August 1 and will ...

The pan-European Stoxx 600 ( STOXX) gained 0.50% to 538.5, opening the week in positive territory. The rebound followed last ...

The deal settles Credit Suisse’s outstanding obligations relating to mortgage-backed bonds sold before the 2008 financial ...

UBS settles $300M with DOJ over Credit Suisse’s RMBS obligations tied to 2008 crisis, fulfilling remaining consumer relief ...

Big hedge funds are monopolizing CEO access — a once-routine process that's become another sign of the haves and the ...

UBS Group AG is sounding out investors for a potential significant risk transfer, according to people familiar with the ...