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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 | |
---|---|---|---|---|---|---|---|---|
0.26 | 0.86% | 30.36 | 30.39 | 30.045 | 30.07 | 429,172 | 16:26:11 |
--UBS tried to recover hundreds of millions of cash bonuses that Credit Suisse paid to keep dealmakers before the lender's collapse, Bloomberg reports, citing unnamed sources and documents.
--Swiss investment bank UBS contacted hundreds of bankers and offered multiyear payment plans in an attempt to reclaim less than 651 million Swiss francs ($746.9 million) of the CHF1.2 billion owed in restricted cash bonuses.
--UBS declined to comment when contacted by Dow Jones Newswires.
Full story: https://bloom.bg/470zU5k
Write to Helena Smolak at helena.smolak@wsj.com
(END) Dow Jones Newswires
December 14, 2023 03:21 ET (08:21 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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