Latest UBS Headlines
All the headlines from our UBS Topic Page, ordered by recency.
UBS Confirms Data Stolen After Hack at External Supplier
Jun 19 2025 // UBS Group AG said that information about the company had been stolen in a cyber attack on one of its suppliers, following a report a Swiss newspaper that data on more than 130,000 employees had been subject to a...
UBS Whistleblower Verdict Thrown Out Despite Supreme Court Win
Feb 11 2025 // A former UBS bond strategist who persuaded the U.S. Supreme Court to make it easier for corporate whistleblowers to win retaliation lawsuits suffered a setback on Monday, as a jury verdict awarding him back pay and other...
UBS Acquitted Over Credit Suisse Criminal Money Laundering Case
Nov 27 2024 // Credit Suisse’s 2022 conviction for failing to prevent the money laundering of a cocaine dealer’s profits was overturned by a Swiss appeals court following the death of one of its former employees who was found...
Supreme Court in UBS Case Makes it Easier for Whistleblowers to Win Suits
Feb 8 2024 // The U.S. Supreme Court on Thursday made it easier for financial sector whistleblowers to win lawsuits accusing companies of unlawfully firing them as retaliation for disclosing wrongdoing, rejecting a bid by...
US Authorities Scrutinize if Credit Suisse Misled Investors Before UBS Rescue: Filing
Sep 20 2023 // U.S. authorities are seeking evidence from Credit Suisse to assess whether the bank misled investors about its financial health as it teetered towards a state-backed rescue by UBS six months ago. Credit Suisse “has...
Swiss Investor Group Lawsuit to Seek Compensation Over UBS-Credit Suisse Deal
Jul 17 2023 // A Swiss investors’ association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders, the latest legal action triggered by the bank’s emergency takeover by its cross-town...
UBS Inherits Legacy of Legal Headaches From Credit Suisse
May 3 2023 // When UBS Group AG integrates Credit Suisse Group AG in the coming months, the Swiss bank plans to run staff from the scandal-prone former rival through what Chairman Colm Kelleher dubbed a “culture filter” to...
Credit Suisse Bondholders Who Lost $1.7B in UBS Deal File Lawsuits
May 2 2023 // Hundreds more Credit Suisse Group AG bondholders sued Switzerland’s banking regulator after their securities valued at about $1.7 billion were wiped out during the lender’s government-brokered takeover by UBS...
Ermotti to Step Down as Swiss Re Chair to Take UBS Role; Interim Chair Named
Mar 29 2023 // Sergio P. Ermotti is stepping down as the chairman of Swiss Re, following his appointment as the new CEO of UBS. Swiss Re’s Board of Directors will immediately start the search to find a successor. In the interim,...
Davos 2023: UBS Chairman Says Regulators’ ‘Eyes Off the Ball’ on Non-Banks
Jan 19 2023 // UBS Chairman Colm Kelleher said traditional finance firms were “systemically safe” after years of increased regulation, but guardians of global financial markets had further to go to eradicate the risks posed...
Swiss Re and UBS Among Founding Buyers of Credits From Carbon Removal Scheme
May 23 2022 // Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere. Even with pledges of...
UBS, DWS Move to Submit Final Bids for NN Group’s Asset Management Arm: Sources
Jun 14 2021 // UBS and German asset manager DWS are pressing ahead with final bids for the asset management arm of NN Group after Europe’s biggest insurers pulled out of the auction, three sources familiar with the deal told...
UBS Settles Lawsuit with Former Trainee Who Alleged Rape by Senior Employee
Jun 29 2020 // UBS Group AG settled a lawsuit brought by a former trainee in London who said she was raped by a senior employee, according to her attorney. The Swiss lender agreed to settle the claim after the trainee, who was identified...
Update: Swiss Re Plans to Make UBS CEO Ermotti Its Chairman in 2021
Mar 3 2020 // Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer said on Tuesday, turning to a financial industry veteran with scant insurance...
U.S. Court Clears Swiss Bank UBS in Whistleblower’s $20 Million Libel Suit
May 28 2019 // A New York appeals court has dismissed a U.S. whistleblower’s $20 million libel suit against Swiss bank UBS, his former employer, concluding that statements the Zurich-based bank made about him were at least...
Allianz Weighs Bid for Deutsche Bank’s Asset Management Business: Sources
Apr 24 2019 // Allianz and Amundi are considering rival deals to tie up their asset management units with Deutsche Bank’s DWS, sources close to the matter said on Wednesday. Their interest comes as Germany’s biggest bank...
Cape Town Drought Highlights Water Scarcity Risk to Vulnerable Cities Globally: UBS
Aug 28 2018 // Cape Town’s water crisis, which saw the drought-hit city come within 90 days of turning off the taps earlier this year, highlights the threats to South African companies from a repeat event and should serve as a...
UBS Analysis: Poor Morale Could Hurt AIG Turnaround, Hiring
Apr 4 2017 // A morale crisis at American International Group Inc. could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an analysis on...
Judge Dismisses 15-Year Case Against UBS Over Enron Collapse
Mar 2 2017 // A federal judge in Houston has thrown out a lawsuit accusing UBS Group AG of hiding fraud by its client Enron Corp. from retail customers, a decision that may end a 15-year legal battle stemming from the energy...
UBS Hedge Fund to Manage Money for Bermuda Reinsurer Launched by Enstar
Dec 4 2015 // UBS O’Connor LLC, the $6 billion hedge-fund unit within Switzerland’s biggest bank, will manage money for a new Bermuda-based reinsurance company formed by insurer Enstar Group Ltd. Aligned Re Ltd. is expected...
