Warren Buffett's conglomerate continued to stockpile cash and refrain from buybacks during the market's climb to records and was a net seller of stocks. Find insight on Lloyds Banking Group, OCBC, BDO ...

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

The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations ...

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 ...

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 ...

London (UKX:IND) +0.20% to 9,086. Germany (DAX:IND) +1.15% to 23,694. France (CAC:IND) +0.71% to 7,599. The Swiss procure.ch and Credit Suisse Manufacturing PMI fell to 48.8 in July. Consumer prices ...

UBS, which acquired Credit Suisse in a state-backed rescue in 2023, said the new agreement would “resolve all of Credit Suisse’s outstanding consumer relief obligations under the 2017 settlement by ...