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The obligations stem from a 2017 agreement related to the bank's legacy residential mortgage-backed securities business.
Swiss multinational investment bank UBS said on Monday that it had reached a deal with the United States Department of ...
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 ...
UBS Group AG is sounding out investors for a potential significant risk transfer, according to people familiar with the ...
UBS has agreed to pay $300mn to resolve a legacy Credit Suisse case in the US related to the mis-selling of residential ...
UBS on Monday said it will pay $300 million to settle outstanding obligations related to the misselling of mortgage-linked ...
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 Zurich-based bank said the decision will resolve all of the outstanding payments owed from a settlement on the matter ...
Credit Suisse, which had reached a settlement with the DOJ in 2017, was taken over by UBS in 2023 following a series of ...
UBS Group agreed to pay $300 million to settle outstanding obligations Credit Suisse had committed to in a deal with the U.S. Justice Department over bonds backed by mortgages sold before the 2008 ...