Swiss federal prosecutors have decided to appeal a court ruling that had cleared the name of Credit Suisse, a famous Swiss ...

The Swiss federal prosecutor has appealed against a court decision to acquit collapsed lender Credit Suisse, now part of UBS ...

Boris Roessler/dpa The Swiss bank Credit Suisse, which is now owned by the Swiss banking giant UBS, made an out-of-court settlement with the US government on Monday evening to pay $511 million for ...

Credit Suisse Services AG, now owned by UBS, has agreed to pay more than $510 million to settle a yearslong investigation into how the lender helped taxpayers hide assets and income in offshore ...

As part of the resolution, Credit Suisse and UBS — its new parent company — must cooperate fully with the DoJ’s ongoing investigations. The deal does not grant immunity to individual bankers ...

“With this resolution, UBS is pleased to have resolved another of Credit Suisse's legacy issues, in line with UBS’s intention to resolve legacy matters at pace in a fair and balanced way and ...

UBS Group (UBS), which acquired Credit Suisse in 2023, agreed to pay $511M  to settle a long-running tax-related ...

UBS Group AG is cutting jobs in France as part of a plan to restructure some of its business activities in the country following the integration of Credit Suisse. The number of staff made ...

This is the second deal in 11 years for Credit Suisse, after it pleaded guilty in 2014 for helping high-net-worth U.S. clients hide money from the IRS. The bank merged with UBS Group AG in May 2024.

The Department of Justice (DOJ) said Credit Suisse Services AG will pay more than $510 million in penalties for its part in aiding U.S. taxpayers in skirting the IRS through offshore accounts.

UBS Group AG UBS agreed to pay $511 million to resolve a tax probe by the U.S. Department of Justice (“DOJ”) against Credit Suisse for preparing false income tax returns and tax evasion.