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HomeTrendsSwissUBS agrees with US judiciary for contaminated sites of Credit Suisse News

UBS agrees with US judiciary for contaminated sites of Credit Suisse News

For example,

Ubs agrees us judiciary contaminated:

  • UBS has reached an agreement with the US Justice Ministry (DOJ) in the United States for another credit Suisse.
  • As part of the agreement on so-called mortgage securities, the UBS pays $ 300 million, as announced. However,
  • The mortgages are so-called Residential Mortgage Backed Securities (RMBS) from the time of the financial crisis.

With the agreement. Therefore, outstanding obligations are included, which were already concluded in 2017 as part of a comparison of the Credit Suisse at that time. The payment of the $ ubs agrees us judiciary contaminated 300 million would also compare all outstanding obligations for customers of such products.

The UBS logo and the flag of the United States. ubs agrees us judiciary contaminated
Legend: The Residential Mortgage Backed Securities (RMBS) were also called Ramsch mortgages during the financial crisis. Keystone / JEAN-CHRISTOPHE BOTT

“With this agreement. UBS has solved another Credit Suisse’s problem of contaminated sites, in the sense of its intent, contaminated sites quickly, fairly and balanced as well as in the best interest of all stakeholders,” writes the Grossbank.

In the third quarter. UBS expects a positive contribution to the “Non-Core and Legacy” area by the settlement of provisions, which were formed as part ubs agrees us judiciary contaminated of the takeover of Credit Suisse.

Discuss with: – Ubs agrees us judiciary contaminated

ubs agrees us judiciary contaminated — Ubs agrees us judiciary contaminated: Click to open the share function. Split UBS has reached an agreement with the US Justice Ministry (DOJ) in the United States for another credit Suisse. As par.

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