{
}
The Swiss Federal Supreme Court has dismissed a compensation claim from a couple who lost money on their Credit Suisse shares after the bank's takeover by UBS. The plaintiffs argued that misleading statements from officials contributed to their investment decision, but the court ruled that investors must assume market risks and found no illegal actions by the state. They had purchased 38,000 shares for CHF 84,636 and sold them for CHF 30,187 following the takeover announcement.
A federal court has dismissed a complaint from a couple seeking CHF 54,601 in compensation for losses incurred after purchasing 38,000 shares in Credit Suisse shortly before its takeover by UBS. The couple argued they relied on reassurances from the Federal Council about the bank's stability prior to their investment. Following the takeover announcement, they sold their shares for CHF 30,187, attributing their losses to the Swiss Confederation's statements.
The Swiss government plans to appeal a court ruling that deemed the reduction or cancellation of bonuses for former Credit Suisse executives illegal. Following Credit Suisse's bankruptcy in March 2023 and its acquisition by UBS, the Federal Department of Finance had ordered the bonus cuts, which the Federal Administrative Court later ruled unlawful. The government argues that the court did not adequately consider the exceptional circumstances surrounding the bank's takeover.
A federal court has dismissed a lawsuit against the Swiss government filed by two investors who lost money on Credit Suisse shares purchased shortly before UBS's acquisition of the bank. The plaintiffs sought compensation for their losses, claiming they relied on reassurances from government officials about Credit Suisse's stability. However, the court ruled that investors must assume market risks and that no illegal actions by the state were proven.
Saudi Arabia's Public Investment Fund has halted investments in Swiss financial markets following the Swiss government's handling of the Credit Suisse crisis, which resulted in a sudden $17 billion write-off of AT1 bonds. This move has damaged Switzerland's reputation as a safe haven for investors, prompting concerns about the stability of its financial system, particularly with UBS's significant liabilities. The swift regulatory actions have led to a loss of trust among overseas investors, reshaping perceptions of risk in Swiss assets.
UBS has maintained its "Buy" rating for SAP, setting a target price of 265 euros following the Sapphire conference. Analyst Michael Briest noted growing confidence in demand within the data cloud sector, but indicated a review of the target price is forthcoming as shares have reached this level.
The Federal Supreme Court has dismissed a compensation claim from a small investor couple who lost money on Credit Suisse shares after the Federal Council ordered an emergency takeover by UBS. The court ruled that the purchase was the buyers' responsibility and that the Federal Council's actions were lawful. While this ruling primarily affects the plaintiffs, other lawsuits related to the CS merger and AT1 bond write-downs are ongoing, indicating continued legal challenges for Credit Suisse and its shareholders.
The Swiss government is appealing a court ruling that deemed the reduction of bonuses for Credit Suisse managers unlawful, asserting that the court overlooked critical factors related to the bank's unexpected takeover by UBS. The Federal Department of Finance argues that the extraordinary circumstances warrant the cuts, which affect CHF 62 million in payments. This follows a previous order to cancel outstanding variable remuneration for Credit Suisse's Executive Board amid the bank's collapse and subsequent rescue operation.
UBS is leveraging AI to create avatars of analysts that present research to clients, enhancing video content delivery. Since January, 36 analysts have participated, allowing for a significant increase in video production, with plans for further integration of this technology into their workflow. The goal is to automate video creation alongside note publication, improving client engagement and meeting rising demand for video insights.
UBS Group AG has reduced its stake in Marlowe PLC to below 5%, exempting it from reporting requirements. This shift may affect Marlowe's shareholder structure and market perception, although the broader implications remain uncertain. Analysts currently rate Marlowe stock as a Buy with a price target of £690.00, despite concerns over declining revenues and negative profitability.
UBS Group AG
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Swiss Court Dismisses Credit Suisse Shareholders Compensation Claim Against Confederation
12:14 23.05.2025
Federal Court Denies Compensation to Credit Suisse Shareholders After UBS Takeover
12:13 23.05.2025
Switzerland to Appeal Court Ruling on Credit Suisse Executive Bonuses
12:11 23.05.2025
Federal Court Dismisses Shareholder Lawsuit Against Swiss Government Over Credit Suisse Losses
12:06 23.05.2025
Saudi Fund Halts Swiss Investments After Credit Suisse Crisis Fallout
12:05 23.05.2025
UBS Maintains Buy Rating for SAP with Target Price of 265 Euros
12:03 23.05.2025
Federal Supreme Court Denies Compensation Claims from Credit Suisse Shareholders
12:00 23.05.2025
Swiss Government Appeals Court Ruling on Credit Suisse Executive Bonuses
11:51 23.05.2025
UBS Introduces AI Avatars to Enhance Client Engagement with Research Videos
11:08 23.05.2025
UBS Reduces Marlowe PLC Stake Below 5 Percent Threshold
11:02 23.05.2025
Trending
Subcategory
AI Innovations
Corporate News
Stock Market Updates
Industry Trends
Market Analysis and Predictions
Startups & Entrepreneurship
Banking Regulations
Emerging Startups
Cybersecurity Innovations & Tech
Funding Rounds & Investments
Product Launches
Economic Indicators
Fintech Startups
Private Equity Deals
Software Development Trends
Venture Capital Investments
Retail and Consumer Goods
Industry Mergers & Acquisitions
AI Applications
Finance Mergers & Acquisitions
Countries:
Companies:
Huawei Technologies CO. Ltd.
UBS Group AG
NVIDIA Corporation
Nvidia Corporation
Apple Inc.
Google Inc.
Microsoft Corporation Corp.
Berner Kantonalbank AG
Deutsche Bank AG
Crane Company
Deyaar Development PJSC
Maverick Ventures (Israel) 1.5 GP Ltd.
SuperSeed B.V.
DeepSeek R1 USD
Tencent Holdings Limited
XPeng Inc.
Toyota Motor Corporation
Alphabet Inc.
Xiaomi Corporation
NEO-NEON
Currencies:
United States Dollar
Euro
Chinese Yuan
Swiss Franc
Indian Rupee
British Pound Sterling
Japanese Yen
South African Rand
Filipino Peso
Norwegian Krone
Offshore Chinese Yuan
People: