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UBS UBS Group AG

27.55
0.06 (0.22%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
UBS Group AG NYSE:UBS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.06 0.22% 27.55 27.49 27.155 27.25 1,800,506 00:58:11

UBS, Credit Suisse Scrutinized by Justice Department in Russia-Sanctions Probe, Bloomberg Reports

24/03/2023 8:18am

Dow Jones News


UBS (NYSE:UBS)
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--UBS Group AG and Credit Suisse Group AG are among banks scrutinized as part of a U.S. Justice Department investigation into whether bankers helped Russian oligarchs evade sanctions, Bloomberg reports, citing unnamed sources.

--Subpoenas were sent to individual bankers before the crisis that led to UBS's deal to take over Credit Suisse, according to Bloomberg.

--UBS and Credit Suisse didn't immediately respond to requests for comment.

 

Full story: https://bloom.bg/3lGynjy

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

March 24, 2023 04:03 ET (08:03 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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