UBS

UBS and Credit Suisse are subject to a wider US investigation on the sanctions against Russia.

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Following news that the U.S. Department of Justice has intensified its investigation into potential compliance lapses that enabled Russian clients to circumvent sanctions, UBS shares slumped on Wednesday. When contacted by Reuters about the Bloomberg News report alleging that UBS and Credit Suisse, which was acquired by its larger rival UBS (UBSG.S) earlier this year, … Read more

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Credit Suisse legacy lawsuit is resolved by UBS and a Swiss finance blog.

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A lawsuit that Credit Suisse had first filed against the well-known finance blog located in Zurich, Inside Paradeplatz, has been resolved, according to the news outlet on Tuesday. Inside Paradeplatz consented to remove or edit three posts’ worth of user comments as part of the settlement. The rest of the claims were withdrawn. A representative … Read more

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