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CS Stock News Image - Bloomberg Markets and Finance

UBS Group AG is facing hundreds of millions of dollars in regulatory fines over Credit Suisse Group AG's dealings with Archegos Capital, as the Swiss bank takes on its former rival's entire litigation portfolio. Russell Ward reports on Bloomberg Television.

Bloomberg Markets and Finance 2023 Jun 20
CS Stock News Image - Market Watch

Credit Suisse's relationship with family office Archegos Capital is set to hit UBS following investigations by UK, Swiss and US regulators.

Market Watch 2023 Jun 20
CS Stock News Image - Reuters

UBS Group AG faces hundreds of millions of dollars in penalties over Credit Suisse's mishandling of Archegos Capital, after UK, Swiss and U.S. regulators completed their investigations, Financial Times reported on Monday.

Reuters 2023 Jun 19
CS Stock News Image - Bloomberg Markets and Finance

Credit Suisse Group AG may be due for a "massive downsizing" of its investment banking businesses after its takeover by UBS Group AG, Chief Executive Officer Sergio Ermotti said in an opinion piece published over the weekend. Jan-Patrick Barnert reports on Bloomberg Television.

Bloomberg Markets and Finance 2023 Jun 19
CS Stock News Image - Reuters

Switzerland's parliament announced on Wednesday the 14 members of a special commission that will look into Credit Suisse's collapse and its subsequent rescue engineered by Swiss authorities.

Reuters 2023 Jun 14
CS Stock News Image - GuruFocus

The Oakmark International Fund released its first-quarter portfolio update, revealing that its top five trades included the closure of its positions in Credit Suisse Group AG ( XSWX:CSGN , Financial) and Koninklijke Phillips NV ( XAMS:PHIA , Financial) and a reduction to its holding of Adidas AG ( XTER:ADS , Financial). The fund also boosted its positions in Roche Holding AG ( XSWX:ROG , Financial) and Fresenius Medical Care AG & Co. KGaA ( XTER:FME , Financial).

GuruFocus 2023 Jun 13
CS Stock News Image - Proactive Investors

UBS has axed a raft of senior Credit Suisse executives after the bank completed the takeover of its ailing rival. The Swiss lender said a number of Credit Suisse's most senior bosses will leave the combined company, while others will take on lesser roles, as UBS asserts its dominance following the tie-up.

Proactive Investors 2023 Jun 13
CS Stock News Image - Reuters

Credit Suisse shares closed 1% higher at 0.81 Swiss francs ($0.89) on Monday, their last trading day after the stricken bank's takeover by Swiss rival UBS.

Reuters 2023 Jun 12
CS Stock News Image - Zacks Investment Research

UBS Group AG (UBS) completes the acquisition of Credit Suisse in an all-share deal. The buyout is concluded after the signing of the Loss Protection Agreement with the Swiss government on Jun 9, 2023.

Zacks Investment Research 2023 Jun 12
CS Stock News Image - Bloomberg Markets and Finance

Mike Mayo, Managing Director at Wells Fargo discusses the state of banking as UBS completes its takeover of Credit Suisse About "Bloomberg Surveillance" Tom Keene, Jonathan Ferro & Lisa Abramowicz are live from New York each business day, bringing insight on global markets and the top business stories of the day. Get the Bloomberg Surveillance newsletter, delivered every weekday.

Bloomberg Markets and Finance 2023 Jun 12
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