BRIEF-UBS Says It Resolved Legacy Credit Suisse Matter With U.S Department Of Justice-March 2024-www.financetom.com

BRIEF-UBS Says It Resolved Legacy Credit Suisse Matter With U.S Department Of Justice

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BRIEF-UBS Says It Resolved Legacy Credit Suisse Matter With U.S Department Of Justice

Aug 3, 2025 10:19 PM

Aug 4 (Reuters) - UBS GROUP AG:

* RESOLVES LEGACY CREDIT SUISSE MATTER WITH US DEPARTMENT OF

JUSTICE

* UBS RESOLVES LEGACY CREDIT SUISSE MATTER WITH US

DEPARTMENT OF

JUSTICE

* IN Q3 OF 2025, UBS EXPECTS TO RECOGNIZE A CREDIT IN

NON-CORE AND

LEGACY FROM RELEASE OF CONTINGENT LIABILITY ESTABLISHED WITH

ACQUISITION OF CREDIT SUISSE AS PART OF PURCHASE PRICE

ALLOCATION PROCESS

* ON 1 AUGUST 2025, CREDIT SUISSE SECURITIES (USA) LLC

ENTERED

INTO AN AGREEMENT WITH DOJ TO RESOLVE ALL OF CREDIT SUISSE'S

OUTSTANDING CONSUMER RELIEF OBLIGATIONS UNDER 2017 SETTLEMENT BY

PAYING USD 300M

Further company coverage:

(Gdansk Newsroom)

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