UBS Group AG UBS agreed to pay $511 million to resolve a tax probe by the U.S. Department of Justice (“DOJ”) against Credit ...

UBS Group has agreed to pay $511m to resolve a US investigation into its subsidiary, Credit Suisse Group, regarding its role ...

The Swiss bank, which acquired Credit Suisse in 2023, settled the probe into violations of an agreement with the DOJ over ...

UBS Group AG UBS agreed to pay $511 million to resolve a tax probe by the U.S ... to pay $371.9 million as part of the settlement. Additionally, Credit Suisse AG entered into a non-prosecution ...

The two-year investigation by the DOJ, initiated before UBS acquired Credit Suisse, found that Credit Suisse aided and assisted in tax evasion ... as part of the settlement. Additionally, Credit ...

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Credit: Evolf/Shutterstock. UBS Group has agreed to pay $511m to resolve a US investigation into its subsidiary, Credit Suisse Group, regarding its role in facilitating tax evasion for wealthy ...

The Wall Street Journal reported in January that UBS was set to pay at least hundreds of millions of dollars to settle the Credit Suisse tax case. UBS has sought to address the legacy issues it ...

A Credit Suisse unit pleaded guilty to conspiring to help its customers hide more than $4 billion from the Internal Revenue ...

Credit Suisse unlawfully helped clients hide assets, including a billionaire scion of a wealthy European family, according to ...