UBS on Monday said it will pay $300 million to settle outstanding obligations related to the misselling of mortgage-linked ...

The Zurich-based lender’s agreement with the U.S. Justice Department will resolve the remaining consumer relief obligations ...

UBS has agreed to pay $300mn to resolve a legacy Credit Suisse case in the US related to the mis-selling of residential ...

UBS settles $300M with DOJ over Credit Suisse’s RMBS obligations tied to 2008 crisis, fulfilling remaining consumer relief ...

UBS, which acquired Credit Suisse in 2023, said Monday (Aug.4) that it has agreed to pay $300 million to bring the legacy ...

What Happened? Shares of mortgage servicing company Mr. Cooper Group (NASDAQ:COOP) jumped 5.3% in the morning session after ...

The deal settles Credit Suisse’s outstanding obligations relating to mortgage-backed bonds sold before the 2008 financial ...

UBS Group AG said it has reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter ...

NEW YORK — Swiss bank UBS will shell out more than $1.4 billion in penalties to the Department of Justice to settle civil fraud allegations from the 2008 financial crisis, federal prosecutors in ...

UBS Group AG agreed to pay $1.44 billion to settle a long-running case over US mortgage-backed securities, resolving one of the bank’s largest outstanding legal issues as it works toward ...

UBS may need to tread carefully with its sharper focus on mortgage consulting. Though the practice is widespread elsewhere, it has riled wealth advisers at some other companies, Smith said.

UBS is set to pay $300M to settle a U.S. DOJ case over Credit Suisse's mortgage securities mis-selling, closing a key legacy ...