Union Bank of Switzerland

Kessler Topaz Meltzer & Check, LLP Reminds Credit Suisse AG Investors of Securities Fraud Class Action Lawsuit Filed against Credit Suisse Group AG (CS) and Urges CS Investors with Substantial Losses to Contact the Firm

Retrieved on: 
Wednesday, May 3, 2023
Lehmann, Insurance, LLP, Reuters, COPY, Interview, ADS, Swiss Financial Market Supervisory Authority, E pluribus unum, Lead, CS, National bank, Credit Suisse, Union Bank of Switzerland, Saudi National Bank, District court, Financial Times, Risk, Court, Form 6-K, Annual report, Credit, News, NYSE, Union Bank, Bloomberg Television, Cryptocurrency

The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.

Key Points: 
  • The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

Final Deadline Approaching on May 8, 2023 for CS Investors: Kessler Topaz Meltzer & Check, LLP Reminds Credit Suisse Group AG (CS) Investors of Class Action Lawsuit Deadline

Retrieved on: 
Tuesday, April 25, 2023
Lehmann, Insurance, LLP, Reuters, COPY, Interview, ADS, Swiss Financial Market Supervisory Authority, E pluribus unum, Lead, CS, National bank, Credit Suisse, Union Bank of Switzerland, Saudi National Bank, District court, Financial Times, Risk, Court, Form 6-K, Annual report, Credit, News, NYSE, Union Bank, Bloomberg Television, Cryptocurrency

As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.

Key Points: 
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Following this news, the price of Credit Suisse ADSs fell 13.94% to close at $2.16 per ADS on March 15, 2023.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

ESAs call for vigilance in the face of mounting financial risks

Retrieved on: 
Wednesday, April 26, 2023
Uncertainty, EIOPA, Face, Policy, Eye, Risk management, EBA, Joint committee, Solvency, Credit Suisse, ICT, Investment, Risk, UBS, Union Bank of Switzerland, ESG, ESMA, Union Bank, Bank, Cryptocurrency, EU

ESAs call for vigilance in the face of mounting financial risks

Key Points: 
  • ESAs call for vigilance in the face of mounting financial risks
    The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today issued their Spring 2023 Joint Committee Report on risks and vulnerabilities in the EU financial system.
  • While noting that EU financial markets remained broadly stable despite the challenging macro environment and recent market pressure in the banking sector, the three Authorities are calling on national supervisors, financial institutions and market participants to remain vigilant in the face of mounting risks.
  • The second half of 2022 witnessed a worsening of the macro environment due to high inflation and tighter financial conditions, and the economic outlook remains uncertain.
  • Sharp movements in prices triggered sizeable margin calls and put some market participants under liquidity strains, notably non-financial corporations and non-bank financial institutions.

ESAs call for vigilance in the face of mounting financial risks

Retrieved on: 
Tuesday, April 25, 2023
Policy, Uncertainty, UBS, Union Bank of Switzerland, ESMA, EBA, Joint committee, Union Bank, EIOPA, Face, Credit Suisse, Cryptocurrency, EU

25 April 2023

Key Points: 
  • 25 April 2023
    The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today issued their Spring 2023 Joint Committee Report on risks and vulnerabilities in the EU financial system.
  • While noting that EU financial markets remained broadly stable despite the challenging macro environment and recent market pressure in the banking sector, the three Authorities are calling on national supervisors, financial institutions and market participants to remain vigilant in the face of mounting risks.
  • The second half of 2022 witnessed a worsening of the macro environment due to high inflation and tighter financial conditions, and the economic outlook remains uncertain.
  • Sharp movements in prices triggered sizeable margin calls and put some market participants under liquidity strains, notably non-financial corporations and non-bank financial institutions.

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Lawsuit Filed Against Credit Suisse Group AG (CS) and Encourages Investors with Significant Losses to Contact the Firm

Retrieved on: 
Monday, April 24, 2023
Class Action Lawsuit, Professional Services, Legal, Lehmann, Insurance, LLP, Reuters, COPY, Interview, ADS, Swiss Financial Market Supervisory Authority, E pluribus unum, Lead, CS, National bank, American depositary receipt, Union Bank of Switzerland, Credit Suisse, Saudi National Bank, District court, Financial Times, Court, Form 6-K, Annual report, Credit, News, NYSE, Union Bank, Bloomberg Television, Cryptocurrency

The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).

Key Points: 
  • The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

CS DEADLINE ALERT: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Credit Suisse Group AG Securities Fraud Class Action Lawsuit

Retrieved on: 
Monday, April 17, 2023
Lehmann, Insurance, LLP, Reuters, COPY, Interview, ADS, Swiss Financial Market Supervisory Authority, E pluribus unum, Lead, CS, National bank, American depositary receipt, Credit Suisse, Union Bank of Switzerland, Saudi National Bank, District court, Financial Times, Court, Form 6-K, Annual report, Credit, News, NYSE, Union Bank, Bloomberg Television, Cryptocurrency

RADNOR, Pa., April 17, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).

Key Points: 
  • RADNOR, Pa., April 17, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

Credit Suisse Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed against Credit Suisse Group AG

Retrieved on: 
Monday, April 10, 2023
Lehmann, Insurance, LLP, Reuters, COPY, Interview, ADS, Swiss Financial Market Supervisory Authority, E pluribus unum, Lead, CS, National bank, American depositary receipt, Credit Suisse, Union Bank of Switzerland, Saudi National Bank, District court, Financial Times, Court, Form 6-K, Annual report, Credit, News, NYSE, Union Bank, Bloomberg Television, Cryptocurrency

RADNOR, Pa., April 09, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).

Key Points: 
  • RADNOR, Pa., April 09, 2023 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that securities class action complaints have been filed in the United States District Court for the District of New Jersey against Credit Suisse Group AG (“Credit Suisse”) (NYSE: CS).
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

Credit Suisse Group AG Investors Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Credit Suisse Group AG Shareholders of Deadline in Securities Fraud Class Action Lawsuit

Retrieved on: 
Saturday, April 1, 2023
Lehmann, Insurance, LLP, Reuters, COPY, Interview, ADS, Swiss Financial Market Supervisory Authority, E pluribus unum, Lead, CS, National bank, American depositary receipt, Credit Suisse, Union Bank of Switzerland, Saudi National Bank, District court, Financial Times, Court, Form 6-K, Annual report, Credit, News, NYSE, Union Bank, Bloomberg Television, Cryptocurrency

The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.

Key Points: 
  • The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

CREDIT SUISSE REMINDER: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit against Amgen Inc.

Retrieved on: 
Friday, March 24, 2023
Lehmann, Insurance, LLP, Reuters, COPY, Interview, ADS, Swiss Financial Market Supervisory Authority, E pluribus unum, Lead, CS, National bank, American depositary receipt, Credit Suisse, Union Bank of Switzerland, Saudi National Bank, District court, Financial Times, Court, Form 6-K, Annual report, Credit, News, NYSE, Union Bank, Bloomberg Television, Cryptocurrency

The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.

Key Points: 
  • The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

F.N.B. Corporation Strengthens North Carolina Presence With Pending Acquisition of UB Bancorp

Retrieved on: 
Wednesday, June 1, 2022
ANY, Proxy, Proxy statement, Time, Condition subsequent, THE, Union Bank, F.N.B. Corporation, Board of directors, OTCQX, Investor relations, Form, Reed Smith, Annual report, Forward-looking statement, Federal Reserve Board of Governors, Telephone, BofA Securities, Partnership, Person, Investment, Multimedia, Sale, Growth, Sumathi Best Television Current Reporting Award, Prospectus, NYSE, GAAP, FNB, SEC, Director, Industry, Reading, TO, LLP, Completion, Communication, Union Bank of Switzerland, Bank, Security (finance), Risk management, Piedmont (United States)

PITTSBURGH and GREENVILLE, N.C., June 1, 2022 /PRNewswire/ -- F.N.B. Corporation ("FNB") (NYSE: FNB) and UB Bancorp (OTCQX: UBNC) today announced the signing of a definitive merger agreement for FNB to acquire UB Bancorp, including its wholly-owned banking subsidiary, Union Bank, in an all-stock transaction valued at $19.56 per share, or a fully diluted market value of approximately $117 million, based upon the closing stock price of FNB as of Tuesday, May 31, 2022.

Key Points: 
  • Union Bank operates 15 full-service banking offices in 12 counties located throughout Eastern and Central North Carolina.
  • The exchange ratio is fixed, and the transaction is expected to qualify as a tax-free exchange for UB Bancorp stockholders.
  • FNB and UB Bancorp expect to completethetransaction in late 2022after satisfaction of customary closing conditions, including regulatory approvals and the approval of UB Bancorp's stockholders.
  • Corporation, One North Shore Center, Pittsburgh, PA 15212, telephone: (724) 983-3317, or UB Bancorp, 1011 Red Banks Road, Greenville, NC 27858, telephone: (866) 638-0552.