UBS to buy troubled Credit Suisse in deal brokered by Swiss government
UBS will buy rival Credit Suisse for more than $3 billion in a deal brokered by Swiss officials to try and prevent a banking crisis.
by Stacey Vanek Smith
Mar 19, 2023
1 minute
With the impeccable timing of one of the country's famed watches, Swiss officials brokered a last-minute emergency takeover of the troubled bank Credit Suisse by fellow banking giant UBS.
In a press conference on Sunday, Swiss president
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