UBS Takeover of Credit Suisse: Switzerland Considering Full or Partial Nationalisation of Financial Firm
UBS earlier made an offer to acquire Credit Suisse for up to $1 billion.
Switzerland is considering a full or partial nationalisation of the Credit Suisse Group AG as the only other viable option outside a UBS Group AG takeover, according to media reports. UBS earlier made an offer to acquire Credit Suisse for up to $1 billion. UBS Group AG Offers to Acquire Switzerland Bank Credit Suisse for Up to $1 Billion.
UBS takeover of Credit Suisse:
BREAKING: Switzerland is considering a full or partial nationalization of Credit Suisse as the only other viable option outside a UBS takeover https://t.co/4ARbvNROB7pic.twitter.com/ShdwVxazLw
— Bloomberg (@business) March 19, 2023
(SocialLY brings you all the latest breaking news, fact checks and information from social media world, including Twitter (X), Instagram and Youtube. The above post contains publicly available embedded media, directly from the user's social media account and the views appearing in the social media post do not reflect the opinions of LatestLY.)
(The above story first appeared on LatestLY on Mar 19, 2023 08:03 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
