UBS and Swiss National Bank agree Credit Suisse takeover
Shortpedia
Content Team
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Swiss Banking giant UBS has agreed to buy embattled lender Credit Suisse, Switzerland's central bank has announced. This follows weekend talks trying to agree to a rescue before trading opened on Monday.The Swiss National Bank said at a press conference in Bern on Sunday evening that UBS would be taking over embattled lender Credit Suisse.
