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The audit fee for the combined group is expected to be less than the sum of the standalone audits, but would still be one of the highest in global banking.
July 17 -
Employees in investment consulting, compliance, legal and audit would worry over their jobs, given duplications with UBS.
March 22 -
Cracks are forming in the trajectory of profits, and just as worryingly in the makeup of the profits themselves.
March 1 -
The whistleblower may be getting closer to forcing French authorities to compensate her for helping uncover about $10.2 billion taxpayers stashed away in Swiss bank accounts.
June 28 -
The bank has already won a significant reduction of its previous penalties.
December 21 -
A French court of appeals upheld a 2019 finding that the bank had illegally helped clients hide money, but levied less than half the original penalty.
December 13 -
A former UBS Group AG executive who is trying to reverse a conviction at a landmark tax trial couldn’t remember the assets managed by his team focusing on French clients out of Switzerland.
March 16 -
UBS Group AG questioned investigators’ dealings with a whistleblower who provided documents and evidence about an event for wealthy clients at the French Open that helped lead to a record 4.5 billion-euro ($5.4 billion) penalty.
March 9 -
Credit Suisse Group AG faces a criminal probe amid suspicions it helped more than 2,600 clients to hide money in Swiss accounts, Belgian prosecutors said.
August 24 -
With Joe Biden leading President Donald Trump in the polls, some investors are concerned the age of corporate tax cuts and deregulation may soon end, replaced by a Democratic administration eager to soak the rich.
July 31