UBS Group AG is reportedly preparing to resolve Credit Suisse's longstanding tax dispute with the United States Department of Justice, which involves allegations of aiding American clients in tax evasion, sources told The Wall Street Journal on Thursday.

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breakingthenews.net

UBS to reportedly settle Credit Suisse tax case

UBS Group AG is close to making a settlement in the hundreds of millions of dollars over violations by Credit Suisse of a decade-old agreement with the US Department of Justice related to tax evasion, the Wall Street Journal reported.

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UBS Set to Settle Credit Suisse US Tax Evasion Case, WSJ Reports

A U.S. Senate committee found that Credit Suisse violated the plea deal made in 2014 by continuing to help ultra-wealthy Americans evade taxes and concealing more than $700-million from the government

UBS reportedly nears settlement over Credit Suisse tax evasion case

The Globe & Mail

The Woodbridge Company

Canada

Credit Suisse pleaded guilty in 2014 to helping Americans evade tax but still harbored hidden accounts

Wall Street Journal

Murdoch family

New York

UBS Close to Large Settlement Over Credit Suisse Tax Case

In 2014, Credit Suisse pleaded guilty to helping North American clients evade taxes, but failed to comply with some of the authorities' requirements. UBS is due to reach an agreement this week to close the case.

Em 2014, o Credit Suisse declarou-se culpado de ter ajudado clientes norte-americanos a fugirem aos impostos, mas n�o cumpriu alguns requisitos das autoridades. O UBS dever� chegar esta semana a um acordo para arquivar o caso.

UBS perto de acordo nos EUA para pagar multa de centenas de milhões do Credit Suisse

Jornal de Negócios

Cofina

Porto

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Portugal

UBS is close to an agreement in the USA to pay a fine of hundreds of millions from Credit Suisse

UBS Group AG is close to making a settlement in the hundreds of millions of dollars over violations by Credit Suisse of a decade-old agreement with the U.S. Department of Justice related to tax evasion, the Wall Street Journal reported.

New Hampshire Union Leader

New Hampshire

UBS set to settle Credit Suisse U.S. tax case, WSJ reports

(Bloomberg) -- UBS Group AG is close to making a settlement of at least hundreds of millions of dollars over violations by Credit Suisse of a decade-old agreement with the US Department of Justice related to tax evasion, the Wall Street Journal reported.

SWI swissinfo.ch

Swiss Broadcasting Corporation

Bern

Bern-Mittelland District

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Switzerland

UBS reportedly could settle a case this week involving Credit Suisse, which UBS acquired in 2023. The bank is set to pay hundreds of millions of dollars in the settlement of the case brought by the U.S. Department of Justice, The Wall Street Journal (WSJ) reported Thursday (Jan. 9), citing unnamed sources. UBS did not immediately reply to PYMNTS’ request for comment. The case involves Credit Suisse’s violations of an agreement with the DOJ. The …

PYMNTS.com

Report: UBS Nears Settlement of US Case Involving Credit Suisse

UBS is apparently on the verge of reaching a settlement in the US over alleged violations of the terms of a settlement that Credit Suisse reached with the Department of Justice in 2014 regarding untaxed funds.

Die UBS steht in den USA offenbar unmittelbar vor einem Vergleich. Gegenstand sind angebliche Verletzungen von Bestimmungen eines Vergleichs, den die Credit Suisse im Jahr 2014 betreffend unversteuerter Gelder mit dem Department of Justice geschlossen hat.

Hundreds of Millions: UBS Settles With Department of Justice

finews.com

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dozens of new investors have joined a lawsuit against Switzerland over the wipeout of €17bn of Credit Suisse debt, arguing that the government “folded to virtually all of UBS’s demands” when it orchestrated the rescue […]

Sky News: The Latest News from the World

Dozens more investors sue over €17bn Credit Suisse debt wipeout – Sky News: The Latest News from the World

UBS Group (NYSE: UBS) is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse’s violations of an earlier agreement with the U.S. Department of Justice over customers in the U.S. who evaded tax, the Wall Street Journal reported on Thursday. A settlement could come as soon as this week, WSJ reported, citing people familiar with the matter. UBS and the DOJ declined to comment on the report. A U.S. Senate Finance Committee…

UBS Set to Settle Credit Suisse US Tax Evasion Case, WSJ Reports

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