UBS loses $440mn Greensill-linked lawsuit against SoftBank
Credit Suisse fund brought claim in London against Japanese conglomerate that backed Greensill
Credit Suisse fund brought claim in London against Japanese conglomerate that backed Greensill

Swiss bank says it has progressed in integrating Credit Suisse and achieved $10bn in cumulative cost savings

Swiss bank resolves outstanding obligations relating to US probe linked to 2008 financial crisis

Lender argues that proposals to significantly increase requirements have already cost investors $40bn

Decision on wipeout of $17bn of AT1 bonds raises questions over impact on UBS

Discussions came as Colm Kelleher tries to pressure Swiss government to back down over proposed capital rules

UK bank sets aside $1.1bn for legal fight stemming from criminal enterprise that collapsed in 2008