Credit Suisse

UBS retires $7.9B in Credit Suisse bonds in record buyback

UBS Group AG announced on Friday that it is repurchasing $7.93 billion of legacy Credit Suisse bonds, its largest single move yet to shed the debt burden inherited from its 2023 government-brokered rescue of the rival Swiss lender.

UBS posts record Q2 profit, unveils $3 billion buyback

UBS reported a net profit of $2.8 billion for the second quarter of 2026 on Wednesday, beating analyst expectations by a wide margin and announcing plans to repurchase $3 billion in shares by mid-2027, as broad-based growth across its businesses…