UBS News
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Supreme Court in UBS Case Makes it Easier for Whistleblowers to Win Suits
Feb 8 2024 // The U.S. Supreme Court on Thursday made it easier for financial sector whistleblowers to win lawsuits accusing companies of unlawfully firing them as retaliation for disclosing wrongdoing, rejecting a bid by...
US Authorities Scrutinize if Credit Suisse Misled Investors Before UBS Rescue: Filing
Sep 20 2023 // U.S. authorities are seeking evidence from Credit Suisse to assess whether the bank misled investors about its financial health as it teetered towards a state-backed rescue by UBS six months ago. Credit Suisse “has...
Swiss Investor Group Lawsuit to Seek Compensation Over UBS-Credit Suisse Deal
Jul 17 2023 // A Swiss investors’ association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders, the latest legal action triggered by the bank’s emergency takeover by its cross-town...
UBS Inherits Legacy of Legal Headaches From Credit Suisse
May 3 2023 // When UBS Group AG integrates Credit Suisse Group AG in the coming months, the Swiss bank plans to run staff from the scandal-prone former rival through what Chairman Colm Kelleher dubbed a “culture filter” to...
Credit Suisse Bondholders Who Lost $1.7B in UBS Deal File Lawsuits
May 2 2023 // Hundreds more Credit Suisse Group AG bondholders sued Switzerland’s banking regulator after their securities valued at about $1.7 billion were wiped out during the lender’s government-brokered takeover by UBS...
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