Credit Suisse Pays $510 Million Fine for Helping Clients Evade Taxes
The fallen banking giant Credit Suisse, now a part of UBS, admitted to hiding billions of dollars from the I.R.S.
Posted inGoldman Sachs Group Inc Initial Public Offerings internal-storyline-no JPMorgan Chase & Company Mergers, Acquisitions and Divestitures Morgan Stanley UBS AG
Deal Makers See a Rebound in 2025 as Trump Returns to Power
It was another down year for mergers and acquisitions, but Wall Street is optimistic that the lengthy lull is coming to an end.
Posted inBanking and Financial Institutions Company Reports Credit Suisse Group AG Mergers, Acquisitions and Divestitures Records and Achievements Switzerland UBS 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.
Posted inBanking 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.