UBS Archives - Carrier Management

Suit Alleging UBS Liable for $2B in Mortgage Bond Losses in Judge’s Hands

UBS AG urged a U.S. judge on Friday to reject claims that it should be held liable for $2 billion in losses that investors incurred on mortgage-backed securities issued before the collapse of the ...

Why Credit Suisse Got a Bigger Penalty than UBS: Lack of Cooperation Tied to Swiss Laws

U.S. prosecutors first raised the specter of a criminal plea by Credit Suisse Group AG more than two years after starting an investigation into whether the Swiss bank had helped wealthy Americans ...

UBS Not Liable for Touting Risk Controls Breached by Rogue Trader

U.S. securities laws have their limits and do not justify making UBS AG liable to shareholders for touting its ability to control risk even as it harbored a rogue trader who caused $2.3 billion of ...