Financial

Bank merger: UBS completes acquisition of Credit Suisse

By 2023-06-12T07:40:00

UBS Credit Suisse

UBS, the major Swiss bank headquartered in Zurich and Basel, completed the emergency takeover of Credit Suisse on June 12. The acquisition ”marks the beginning of a new, historic chapter,“ UBS Group wrote in a press release. Swiss authorities arranged the disputed emergency bailout of Credit Suisse by UBS for ...

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