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UBS shares plunged Wednesday following a report that the Swiss bank faces a widening probe ... But news of the probe could renew investor concerns about the lender’s exposure to Credit Suisse ...
After much speculation and concern about a banking crisis, UBS made its play for its stricken long-time Swiss rival late Sunday by agreeing to a $3.2 billion takeover of Credit Suisse (). "It's a ...
London markets grapple with takeover as FTSE 100 down 0.7 per cent today
UBS recommends tech, financials, industrials and utilities stocks going into 2025, citing continued AI growth and pro-business policies under Trump. Stocks in these 4 sectors are best positioned ...
UBS Group AG building in St. Gallen.UBS maintains strict banking secrecy practices which have been used to facilitate tax evasion. The Swiss investment bank and financial services company, UBS Group AG, has been at the center of numerous tax evasion and avoidance investigations undertaken by U.S., French, German, Israeli, and Belgian tax authorities as a consequence of their strict banking ...
UBS also said it would reinstate its dividend of 70 cents a share and buy back up to $1 billion in shares in the second half of this year, resuming a program to return capital to shareholders that ...
UBS only wanted Credit Suisse if the price was low, and if Swiss authorities indemnified UBS from any Credit Suisse regulatory violations. [15] [16] On the morning of 19 March, UBS made an offer of 0.25 Swiss francs ($0.27) per share, valuing Credit Suisse at around $1 billion, but the price outraged the Mideast investors. SNB urged Credit ...
UBS agreed to pay $1.435 billion to settle U.S. charges that the Swiss lender misled investors into buying troubled mortgage securities, concluding an industrywide probe into a root cause of the ...
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