May 5 (Reuters) - UBS Group AG:
* UBS- CREDIT SUISSE SERVICES AG RESOLVES TAX MATTER WITH
DOJ,
WILL PAY USD 511M
* UBS- UBS WAS NOT INVOLVED IN THE UNDERLYING CONDUCT AND
HAS ZERO
TOLERANCE FOR TAX EVASION
* UBS- IN Q2 OF 2025, CO EXPECTS TO RECOGNIZE CREDIT FROM
PARTIAL
RELEASE OF THE CONTINGENT LIABILITY ESTABLISHED WITH THE
ACQUISITION OF CREDIT SUISSE
* UBS- EXPECTS TO RECORD A CHARGE IN THE SECOND QUARTER IN
RELATION TO THIS RESOLUTION.
Source text: https://bit.ly/3ESQQCZ
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