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.
UBS
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 resolves legacy French tax matter, pays €835M
UBS AG has resolved the legacy matter concerning its cross-border business activities in France between 2004 and 2012.
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 to adopt LSEG’s full suite of data & analytics solutions across asset classes
UBS Group AG and LSEG today announced a long-term partnership that will enable UBS to adopt LSEG’s full suite of data & analytics solutions.
UBS to commence $2bn share repurchase program
UBS Group AG today announced the launch of a new two-year program to repurchase up to USD 2 billion of shares.
UK fintech firm Icon Solutions secures investment from UBS
Icon Solutions, the UK fintech enabling banks globally to design and implement state-of-the-art payment systems, today announced a new equity investment from UBS.
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.
UBS Asset Management to sell its O’Connor business to Cantor Fitzgerald
The sale includes O’Connor’s six investment strategies that have ~USD 11bn in assets under management.
