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Courtesy of UBS
Agreement resolves final case by federal task force set up to probe Wall Street’s role in causing 2008 financial crisis
Class action claim includes hundreds of failed bank’s former employees
Politics the likely reason for termination of protection against losses from takeover of Credit Suisse
Bank says Swiss government’s protection from losses no longer needed
Temporary signs have appeared at US HQ as first step to erasing name of collapsed Swiss bank
Charif Souki pioneered the American LNG boom but now warns of homelessness in battle with UBS
US and UK regulators criticise ‘serious’ and ‘significant’ failings behind $5.5bn trading loss at defunct Swiss bank
Investors will be disappointed there has been no immediate flood of new business from the failed Swiss bank
Contract for bank enlarged by Credit Suisse takeover will require firm to call in staff from other countries
Rate of flight has been higher than UBS expected after taking over ailing Swiss bank
Art buyers were spending more last year than they did before Covid-19 hit
Bank under pressure to keep staff happy following combination with Credit Suisse
Ethos Foundation says shareholders were hurt by deal they were not allowed to vote on
Bank hopes to announce next month that Swiss taxpayers will not face any hit from the deal
Reducing the lossmaking and capital-intensive business to its bones will be no easy task
Everything’s going to be fine by 2025; forget 2008-2023
Findings over failings at Swiss bank related to dealings with family office set to be published soon by global regulators
Shotgun marriage between lenders has attracted criticism within Switzerland
Chief financial officer Dixit Joshi and general counsel Markus Diethelm are among departures
Diktat is designed to reduce risks of the transaction that was orchestrated by Swiss government
Parliament on Thursday voted to empower special commission of inquiry into downfall of bank
Pushing second-quarter results until the end of August would buy the bank time to work through complex takeover
Accounting rules mean mergers would lead to assets being revalued at significantly lower levels
Swiss bank contested regulator’s justification for wiping out $17bn of bonds
International Edition