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UBS is nearing a settlement with U.S. authorities over a tax evasion case linked to its acquisition of Credit Suisse, which has faced scrutiny for aiding tax evasion since 2014. The Swiss bank is expected to pay hundreds of millions to resolve these legacy issues, as analysts predict potential stock upside following recent upgrades. UBS has set aside $4 billion for legal provisions and aims to conclude outstanding investigations, including allegations of undisclosed Nazi-linked accounts.
Stuart Lawrence has been appointed head of European equities trading at UBS Asset Management, having previously served as head of UK equity trading since June 2019. His extensive career includes roles at Kepler Cheuvreux, Principal Global Investors, and Ennismore Fund Management, among others.
Stuart Lawrence has been appointed head of European equities trading at UBS Asset Management, having previously served as head of UK equity trading since June 2019. His extensive career includes roles at Kepler Cheuvreux, Principal Global Investors, and Ennismore Fund Management, among others.
Kepler Cheuvreux
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UBS nearing settlement over Credit Suisse tax evasion case
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Stuart Lawrence appointed head of European equities trading at UBS Asset Management
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18:11 19.12.2024
Stuart Lawrence appointed head of European equities trading at UBS Asset Management
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18:11 19.12.2024
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