6-K 1 newsrelease6k20250804.htm newsrelease6k20250804
 
 
 
 
 
 
 
 
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 6-K
REPORT OF FOREIGN PRIVATE
 
ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
Date: August 4, 2025
UBS Group AG
(Registrant's Name)
Bahnhofstrasse 45, 8001 Zurich, Switzerland
(Address of principal executive office)
Commission File Number: 1-36764
UBS AG
(Registrant's Name)
Bahnhofstrasse 45, 8001 Zurich, Switzerland
Aeschenvorstadt 1, 4051 Basel, Switzerland
 
(Address of principal executive offices)
Commission File Number: 1-15060
 
Indicate by check mark whether the registrants file or will file annual
 
reports under cover of Form
20-F or Form 40-
F.
Form 20-F
 
 
Form 40-F
 
 
This Form 6-K consists of the news release that immediately follows
 
this page.
newsrelease6k20250804p3i0
Media Relations
Tel. +41 44 234 8500
Investor Relations
Tel. +41 44 234 4100
UBS Group AG and UBS AG, News Release, 4 August,
 
2025
 
Page 1
4 August 2025
News Release
UBS resolves legacy Credit Suisse matter with US Department of Justice
Zurich/Basel, 4 August 2025 -- UBS is pleased to announce that it has
 
reached an agreement with the
United States Department of Justice (DOJ) to resolve a legacy matter related to outstanding obligations
under a 2017 agreement Credit Suisse reached with the DOJ for its legacy Residential Mortgage-Backed
Securities (RMBS) business.
On 1 August 2025, Credit Suisse Securities (USA) LLC entered into an agreement with the DOJ to resolve
all of Credit Suisse’s outstanding Consumer Relief Obligations under the 2017
 
settlement by paying
USD 300m.
With this agreement, UBS has resolved another of Credit Suisse's legacy issues, in line with its
 
intention
to resolve legacy matters at pace in a fair and balanced way and in the best interest of all
 
its
stakeholders.
In the third quarter of 2025, UBS expects to recognize a credit in Non-core and Legacy from the release
of the contingent liability established with the acquisition of Credit Suisse as
 
part of the purchase price
allocation process.
Media contact
Switzerland
 
+41 44 234 85 00
UK
 
+44 207 567 47 14
Americas
 
+1 212 882 58 58
APAC
 
+852 297 1 82 00
Investor contact
Switzerland
 
+41 44 234 41 00
Americas
 
+1 212 882 57 34
www.ubs.com/media
This media release contains statements that constitute “forward-looking statements”, including but not limited to
management’s outlook for UBS’s financial performance, statements relating to the anticipated effect of transactions and
strategic initiatives on UBS’s business and future development and goals or intentions to achieve climate, sustainability and other
social objectives. While these forward-looking statements represent UBS’s judgments, expectations and objectives concerning the
matters described, a number of risks, uncertainties and other important factors could cause actual developments and results to
differ materially from UBS’s expectations. UBS’s business and financial performance could be affected by other factors identified
in our past and future filings and reports, including those filed with the SEC. More detailed information about those factors is set
forth in documents furnished by UBS and filings made by UBS with the SEC, including the Risk Factors included in the Annual
Report of UBS Group AG report for 2024 filed on Form 20-F.
 
UBS is not under any obligation to (and expressly disclaims any
obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or
otherwise.
 
 
 
 
 
SIGNATURES
Pursuant to the requirements
 
of the Securities Exchange
 
Act of 1934, the
 
registrants have duly caused this
 
report
to be signed on their behalf by the undersigned, thereunto duly authorized.
UBS Group AG
 
By: _/s/ David Kelly______________
Name:
 
David Kelly
Title:
 
Managing Director
By: _/s/ Ella Copetti-Campi_________
Name:
 
Ella Copetti-Campi
Title:
 
Executive Director
 
UBS AG
By: _/s/ David Kelly______________
Name:
 
David Kelly
 
Title:
 
Managing Director
By: _/s/ Ella Copetti-Campi________
Name:
 
Ella Copetti-Campi
Title:
 
Executive Director
Date:
 
August 4, 2025