UBS reaches agreement to buy Credit Suisse after upping offer
UBS is taking over Credit Suisse even after Credit Suisse received a $54 billion financial lifeline from the Swiss National Bank to bolster its liquidity last week. UBS said it will pay $3.2 billion for the 167-year-old flagship while the government said UBS would also take on the first $5.4…
#ubs #swissnationalbank #susannahstreeter #hargreaveslansdown #switzerland #snb #finma #keybacker #creditsuisses #michaellee