Profit was boosted by fees from wealthy clients and corporate dealmaking and the release of litigation provisions.

UBS will appeal against a Swiss court decision that found a writedown of nearly SFr16.5bn in Credit Suisse bonds lacked a ...

Court cancellation of Finma’s 2023 writedown could leave Swiss banking giant on the hook for billions in liabilities – or not ...

A Swiss court has given fresh hope to Credit Suisse bondholders who sought damages after their investments were wiped out when UBS Group AG rescued the bank in a government-brokered deal over two ...

HDFC Bank has placed two senior executives on leave amid a probe into the alleged mis-selling of high-risk, perpetual AT1 ...

Money can’t buy you love and right now no one knows that better than UBS Group AG. Since the Swiss bank helpfully rescued its ...

A group of investors that hold claims tied to about $17 billion of bonds wiped out in the rescue of Credit Suisse are pointing to another failed bank as an example of the potentially lucrative payday ...

UBS reported a surge in third-quarter profit on Wednesday, but investors' focus quickly turned to billions of liabilities ...

Switzerland implemented Basel III standards through the Banking Act and the Own Funds and Risk-Distribution Ordinance. Article 29 of the latter requires that AT1 capital be written off "at the latest ...

Robert Kovacs, a partner at London law firm Withers, which is leading a collective action on behalf of 200 Credit Suisse AT1 ...

To the average person, the word annul may have the same meaning as null and void. But in Swiss law, there is a crucial ...

Key Insights Significantly high institutional ownership implies EPIC Suisse's stock price is sensitive to their ...