Archegos founder Bill Hwang convicted on fraud charges July 11, 2024 Sung Kook "Bill" Hwang, the founder of Archegos Capital Management, has been convicted of fraud by a Manhattan jury after the 2021 collapse of his firm.
UBS offers to repay former Credit Suisse clients 90 per cent of Greensill funds June 17, 2024 Swiss banking giant UBS has offered to repay former Credit Suisse clients 90 per cent of the funds they invested with specialist finance firm Greensill Capital, which collapsed in 2021.
UBS and Credit Suisse complete merger May 31, 2024 The merger of UBS and Credit Suisse is now formally complete.
Swiss rolls: Former Credit Suisse boss to leave UBS as forced merger completes May 30, 2024 The former boss of Credit Suisse, who oversaw its untimely decline and forced sale to UBS, is set to step away from the newly enlarged bank.
Credit Suisse-UBS merger: Withers preps Hong Kong arbitration claim against Switzerland May 14, 2024 Law firm Withers is prepping an international arbitration against the Swiss government for its role in the merger of Credit Suisse and UBS
UBS sails past earnings estimates as it aims to draw a line under Credit Suisse deal May 7, 2024 Swiss banking giant UBS has returned to profit after two straight quarterly losses, driven by its wealth management and investment banking divisions, as it continues to integrate former domestic rival Credit Suisse.
UBS to launch new share buyback as Credit Suisse deal continues to pay off April 2, 2024 Swiss banking giant UBS has promised to launch a new share buyback programme of up to $2bn, after suspending its previous plan last year following its acquisition of former rival Credit Suisse.
UBS seals deal to sell $8bn in loans to Apollo as it presses on with Credit Suisse integration March 27, 2024 UBS and private equity giant Apollo Global Management have finalised a deal to sell $8bn worth of Credit Suisse's securitised products as the bank winds down non-core businesses of its former rival after acquiring it last year.
Clyde and Co preps arbitration claims against Switzerland for Credit Suisse bondholders March 25, 2024 Now, one year on, Clyde and Co is set to get in on the action. It has laid out plans to hold the Swiss state "accountable for breaching its international investment agreements" after it wrote the bonds down to zero.
UBS reinstates dividend and plans share buyback despite second consecutive quarterly loss February 6, 2024 UBS has announced that it will resume share buybacks in the second half of this year and plans to award shareholders up to $1bn (£797m) as it integrates fallen rival Credit Suisse.