Credit Suisse Group AG

UBS Reports $29 Billion Profit, a Record

The huge gain stems from the bank’s acquisition of its rival Credit Suisse this spring for about $3.2 billion, a steep discount that is skewing its quarterly results.

By Michael J. de la Merced

Banking and Financial Institutions Credit Suisse Group AG internal-storyline-no Mergers, Acquisitions and Divestitures UBS AG

UBS Earns $29 Billion From Badwill Tied to Credit Suisse Deal

The Swiss bank’s sharply discounted takeover of Credit Suisse led to a paper gain that gave it the biggest quarterly profit by a bank in history.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Banking and Financial Institutions Credit Suisse Group AG Fines (Penalties) Regulation and Deregulation of Industry UBS AG

UBS Is Fined Nearly $400 Million in Credit Suisse’s Archegos Mess

The Swiss banking giant, which acquired its rival earlier this year, will cover regulatory fines related to Credit Suisse’s mismanagement in the collapse of the investment firm Archegos in 2021.

By Rob Copeland

Antitrust Laws and Competition Issues Barr, William P Berlusconi, Silvio Credit Suisse Group AG Cuomo, Andrew M deSouza, Francis Dimon, James Epstein, Jeffrey E (1953- ) European Central Bank Federal Reserve System Golf Grail Inc Icahn, Carl C Illumina Inc internal-storyline-no JPMorgan Chase & Company LIV Golf McIlroy, Rory Open Society Foundations PGA Championship PGA Tour Inc Soros Fund Management Soros, Alexander Soros, George Stephenson, Randall L Suarez, Francis X (1977- ) Trump, Donald J Woods, Tiger

JPMorgan Seeks to Settle Lawsuit by Jeffrey Epstein Victims

After weeks of embarrassing disclosures, the Wall Street giant reached a tentative settlement with the convicted sex offender's victims.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

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