by Ken Chase | Apr 3, 2023 | Banks, News
Switzerland’s office of the attorney general has announced that it is opening an investigation to determine if any criminal laws were violated during the recent Credit Suisse acquisition by UBS. The investigation will reportedly examine the actions of regulators,...
by Ken Chase | Mar 20, 2023 | Banks, News
UBS reached an agreement to purchase embattled Credit Suisse on Sunday for a reported $3.2 billion. The agreement came after weekend negotiations orchestrated by the Swiss National Bank and Swiss regulators, which pushed for the emergency rescue as a way to shore up...
by Ken Chase | Mar 18, 2023 | Banks, News
The Financial Times has reported that UBS is currently involved in talks to acquire part or all of embattled Credit Suisse. The Times’ sources reportedly include “multiple people briefed on the talks” who claimed that Switzerland’s central bank and financial...
