BoD of UBS and Credit Suisse approve execution of merger of UBS AG and Credit Suisse AG
The Boards of Directors of UBS Group AG, UBS AG and Credit Suisse AG approved execution of a merger of UBS AG and Credit Suisse AG.
UBS
UBS, SBI, DBS launch live repo transaction with natively-issued digital bond on public blockchain
UBS, SBI and DBS have launched the world’s first live repurchase transaction with a natively-issued digital bond on a public blockchain.
UBS sells 51% stake in UBS Hana Asset Management to Hana Securities
UBS has completed the sale of its 51% stake in UBS Hana Asset Management to Hana Securities.
Boards of Directors of UBS Switzerland AG and Credit Suisse (Schweiz) AG to be restructured
The Boards of Directors of UBS Switzerland AG and Credit Suisse (Schweiz) AG will be restructured and harmonized.
CME fines UBS Securities for alleged violations of CBOT rules
The Clearing House Risk Committee found that UBS Securities LLC violated CBOT Rules 930.E.1, 930.E.2., 930.F., and 971.A.
UBS goes live on Broadridge’s sponsored repo solution built on DLR platform
DLT powered solution built on Broadridge’s distributed ledger repo platform drives cost savings and reduces operational risk for clients.
UBS aims to fully integrate Credit Suisse’s Swiss Bank
Today, 31 August 2023, UBS has announced its decision to fully integrate Credit Suisse’s Swiss Bank.
UBS to pay more than $1.4bn to resolve RMBS matter with DOJ
UBS has reached an agreement with the United States Department of Justice (DOJ) to settle a legacy matter from 2006-2007.
UBS terminates CHF 9 billion Loss Protection Agreement and PLB guaranteed by Swiss govt
UBS Group AG will voluntarily terminate the CHF 9 billion Loss Protection Agreement (LPA) with the Swiss government.
UBS resolves Credit Suisse regulatory matters related to Archegos
Credit Suisse agreed to pay USD 269 million to the Federal Reserve and GBP 87 million (USD 119m) to the PRA.
