Credit Suisse: Bank of England won’t object to takeover as UBS considers $1bn bid
The Bank of England will not object to UBS taking over fellow Swiss lender Credit Suisse as soon as this weekend, according to reports, amid a frantic race to stave off a crisis with echoes of the 2008 global banking crash. UBS has been in talks about a takeover of all or part of its compatriot,…
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