UBS Group AG (UBS)
UBS Group Nears Settlement of Credit Suisse US Tax Evasion Case
UBS is set to pay hundreds of millions of dollars in fines to settle Credit Suisse's tax evasion case with the US government.
Report: UBS Nears Settlement of US Case Involving Credit Suisse
UBS reportedly could settle a case this week involving Credit Suisse, which UBS acquired in 2023. The bank is set to pay hundreds of millions of dollars in the settlement of the case brought by the U.S. Department of Justice, The Wall Street Journal (WSJ) reported Thursday (Jan. 9), citing unnamed sources.
UBS's stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.
UBS Nears Settlement Over Credit Suisse Tax Evasion, Report Says
UBS (UBS) is reportedly close to paying "at least hundreds of millions of dollars" in penalties to settle U.S. tax evasion violations at Credit Suisse, the Swiss banking rival it acquired in 2023.
UBS nears settlement over Credit Suisse tax evasion case, WSJ reports
UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement with the U.S. Department of Justice over customers in the U.S. who evaded tax, the Wall Street Journal reported on Thursday.
UBS Close to Large Settlement Over Credit Suisse Tax Case
The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that UBS acquired in 2023.
Novo Nordisk Stock Rises as UBS Upgrades Ozempic Maker, Calls Sell-Off 'Overdone'
Novo Nordisk's (NVO) U.S.-listed and domestic shares rose Wednesday after analysts from UBS Research upgraded the Danish drugmaker's stock to "buy" from "neutral," calling the recent sell-off of the stock "overdone."
Silver prices can 'get some gravity' if industrial production begins to pick up, says UBS
Wayne Gordon, executive director of commodities at UBS Global Wealth Management, says he expects gold prices to hit $2,850 this year.
Endeavour Mining approaching growth 'inflexion point', says UBS
Endeavour Mining PLC's (LSE:EDV, TSX:EDV, OTCQX:EDVMF) rating has been kept at 'buy' at Swiss bank UBS, which sees an inflection point for the gold miner's growth and cash generation approaching. A FTSE 100 member, Africa-focused Endeavour had its challenges in 2024, notes UBS, especially operationally at Sabodala-Massawa, cash conversion, the departure of its chief executive mid-year and political risk in Burkina Faso.
UBS investigates undisclosed Nazi-linked accounts at Credit Suisse
Swiss bank UBS is working with an independent ombudsman to shed light on Nazi-linked accounts, it said on Saturday, after the Wall Street Journal newspaper reported some accounts at collapsed bank Credit Suisse, which UBS bought in 2023, had not been disclosed in earlier investigations.
Nazi Ties to Credit Suisse Ran Deeper Than Was Known, Hidden Files Reveal
Fresh look at archives unearthed Nazi-linked accounts discovered by bank in 1990s but never disclosed to investigators.
5 Of UBS Highest Conviction 2025 Picks Are Also Dividend Superstars
As the calendar turns to 2025, the leading Wall Street firms are releasing their top stock picks for the new year.
