UBS
Stay current with all the latest and breaking news about UBS, compare headlines and perspectives between news sources on stories happening today. In total, 1,144 stories have been published about UBS which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news about UBS, compare headlines and perspectives between news sources on stories happening today. In total, 1,144 stories have been published about UBS which Ground News has aggregated in the past 3 months.
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BusinessLaw firms Quinn Emanuel and Pallas have received multiple requests from senior managers at Credit Suisse to take legal action on their behalf. Swiss regulator ordered 16 billion Swiss francs ($18.00 billion) of the lender's Additional Tier 1 debt to be written down to zero, while shareholders received some compensation.See the Story
Credit Suisse staff prepare to sue Swiss regulator over lost AT1 bonuses-FT
57% Center coverage: 7 sources
Europe · GenevaUBS takeover of Credit Suisse dents Switzerland's reputation as a global financial center. Analysts warn that the country's prosperity could grow too dependent on a single banking behemoth. The uncertain future of a union of Switzerland's two global banks comes at a thorny time for Swiss identity. Many conservatives are reviving their calls for Switzerland to turn inward.See the Story
Credit Suisse takeover hits heart of Swiss banking, identity
44% Left coverage: 18 sources
UBSThe DOJ also sent subpoenas to employees of some major U.S. banks, the report said. The Swiss banks were included in a wave of subpoenas sent before Credit Suisse's takeover by UBS. The DOJ has been trying to pressure Russian oligarchs through sanctions, asset seizures and criminal probes.See the Story
Credit Suisse, UBS Subpoenaed In Russia Sanctions Probe - Credit Suisse Group (NYSE:CS)
62% Center coverage: 8 sources
UBSBanking shares tumbled at the open of European markets Monday as they digested news of an emergency rescue takeover. Credit Suisse shares were down more than 60% from Friday's close while UBS' were down 5%. Saudi National Bank confirmed to CNBC that it had suffered a loss of around 80% of its $1.5 billion investment.See the Story
UBS rescue of Credit Suisse sends shudder through markets
56% Center coverage: 9 sources
Europe · ZürichIn a bid to ease turmoil in the world financial system, Swiss authorities engineered a plan for the UBS bank to acquire its troubled smaller rival Credit Suisse at a marked-down price.
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Will the Credit Suisse bank takeover calm financial fears?
56% Center coverage: 9 sources
