UBS AG – Page 2

UBS to Pay $1.44 Billion to Settle Financial-Crisis Fraud Case

The settlement closes the chapter on the last investigation by a Justice Department task force on the role financial firms played in the collapse of the housing market in 2008.

By Matthew Goldstein

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

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Why First Republic Has Not Done a Deal

Big banks gave the regional lender a $30 billion lifeline following the collapse of Silicon Valley Bank, but it has yet to raise more cash, sell assets — or itself.

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Banking and Financial Institutions Credit Suisse Group AG UBS AG

Final Days at Credit Suisse Were Marked by a $69 Billion Race for the Exits

Clients hurried to withdraw money as the Swiss bank faced collapse last month. It was eventually forced to sell itself to a rival, UBS.

By Michael J. de la Merced