UBS closing in on deal to buy fellow Swiss bank Credit Suisse
Swiss bank UBS Group is closing in on a deal to take over its rival Credit Suisse amid a weekend of frenzied negotiations, according to multiple reports.
By News on the Net -- New York Post—— Bio and Archives--March 19, 2023
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Swiss bank UBS Group is closing in on a deal to take over its rival Credit Suisse amid a weekend of frenzied negotiations, according to multiple reports.
The Swiss government and other global authorities, including some from the US, are working toward sealing the agreement on Sunday in the hopes of shoring up trust in the banking system before the markets open Monday. ---More...
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