UBS agrees to $1.4 billion settlement with DOJ over 2008 financial crisis claims
Swiss bank UBS has agreed to pay more than $1.4 billion in a settlement with the U.S. Department of Justice over alleged misconduct leading up to the 2008 financial crisis.
UBS To Pay $1.4 Billion in Subprime Loan Settlement
Swiss banking giant UBS agreed Monday to pay roughly $1.4 billion to settle a lawsuit regarding its handling of residential mortgage-backed securities (MBS) in the years leading up to the 2008 fina...
UBS to pay $1.43 billion in civil penalties for alleged fraud
UBS Group AG (NYSE: UBS) is in focus today after it agreed to pay civil penalties worth $1.43 billion to settle a long-standing case with the U.S. Department of Justice.
UBS to pay $1.44B to settle DOJ fraud charges tied to subprime loans
The civil action was filed in November 2018 alleging misconduct related to UBS' underwriting and issuance of residential mortgage-backed securities issued in 2006 and 2007, according to the Justice...
UBS Agrees To Pay Nearly $1.5 Billion DOJ Fine Related To 2008 Recession
The Justice Department just closed its final investigation into the 2008 financial crisis.
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Grea...
UBS to pay $1.44 billion in Department of Justice settlement
UBS has agreed to pay $1.44 billion to settle a Justice Department case tied to the issuance of residential mortgage-backed securities in the buildup to the 2008-09 financial crisis.
Now until next Friday is a critical time for both the bond and stock markets, says UBS' Art Cashin
Arthur Cashin, UBS Financial Services director of floor operations, joins 'Squawk on the Street' to discuss concerns about supplies of Treasury bonds increasing, testing for cyclical changes in mid...
UBS Terminates $10B Government Aid For Credit Suisse Deal
Swiss megabank UBS has agreed to voluntarily end a $10 billion backstop used to cover potential losses from its merger with Credit Suisse.
UBS Cuts $10 Billion Government Backstop For Credit Suisse Rescue
The government guarantee could have protected the bank from around $10 billion in losses linked to its takeover of Credit Suisse.
Deflation in China is only temporary and inflation will return in the fourth quarter: UBS
Eva Lee of UBS Global Wealth Management says slow-coming government stimulus will create short-term trading opportunitites in China markets.
UBS Sheds Swiss Government Aid for Credit Suisse Takeover
The Swiss bank says it no longer needs a $10 billion backstop or liquidity lines.
UBS cuts the cord, severing backstop Swiss government provided to buy Credit Suisse
UBS on Friday took the decision to sever the backstop the Swiss government gave to absorb Credit Suisse, a bet there are no hidden skeletons that will emerge that will hurt the bank in the way Coun...
UBS terminates deal to cover potential Credit Suisse losses
UBS Group AG (NYSE:UBS)has decided to end an agreement with the Swiss government to cover losses it could incur from the rescue of Credit Suisse Group AG (NYSE:CS). The Swiss bank on Friday said th...
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