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CATEGORY: emergency measures


Mar 19, 2023 05:50

Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report

The Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of investment bank Credit Suisse by UBS, Switzerland’s largest bank, is the “only option” to prevent a “collapse in confidence” in Credit Suisse. According to a March 18 Financial Times report citing three people familiar with the situation, Switzerland is preparing [...]

The post Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report appeared first on Crypto Breaking News.

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