UBS responds to Federal Council’s consultation on amendment to the Banking Act and the Capital Adequacy Ordinance
UBS responds to Federal Council’s consultation on amendment to the Banking Act and the Capital Adequacy Ordinance.
Credit Suisse
FINRA fines Credit Suisse Securities (USA) for alleged rule violations
Credit Suisse Securities (USA) LLC has agreed to a fine as a part of a settlement with the Financial Industry Regulatory Authority (FINRA).
Federal Administrative Court finds write-off of Credit Suisse AT1 capital instruments was unlawful
The write-off of the Credit Suisse AT1 capital instruments as ordered by FINMA in March 2023 lacked legal basis.
Swiss regulator finds UBS’s emergency plan largely fulfills current statutory requirements
The Swiss Financial Market Supervisory Authority (FINMA) has identified further progress in UBS’s resolvability.
UBS agrees on legacy Credit Suisse matter resolution with US DOJ
UBS has reached an agreement with the United States Department of Justice (DOJ) to resolve a legacy matter related to outstanding obligations.
UBS completes migration of Credit Suisse client accounts booked outside of Switzerland to its platform
UBS today provided an update on Credit Suisse’s integration into its business.
UBS opposes increase in capital requirements proposed by Swiss govt
Following the publication of the Federal Council proposals for banking stability, UBS has issued a statement.
Swiss Federal Council draws lessons from Credit Suisse crisis, outlines measures for banking stability
The review of the Credit Suisse crisis showed that the too big to fail regime needs to be improved in order to reduce risks for the state, taxpayers and the economy.
FCA bans former Credit Suisse VP following US criminal conviction
The FCA has banned former Credit Suisse VP Detelina Subeva from the UK financial services industry.
UBS on track to complete integration of Credit Suisse by end-2026
UBS continues to be on track to substantially complete the integration of Credit Suisse by the end of 2026.
