Home » Crisis at Credit Suisse – Fateful day for CS: Is there a takeover by UBS today? – News

Crisis at Credit Suisse – Fateful day for CS: Is there a takeover by UBS today? – News

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Crisis at Credit Suisse – Fateful day for CS: Is there a takeover by UBS today?  – News
Crisis at Credit Suisse – Fateful day for CS: Is there a takeover by UBS today? – News – SRF


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Contents

  • the persistent massive loss of trust has the big bank Swiss credit (CS) plunged into a serious crisis.
  • Talks are currently underway about a takeover the CS by the big bank UBS.
  • It is late Saturday afternoon Federal Council in the body to a extraordinary session got together.
  • According to media reports, UBS demands state guarantees in the amount of six billion dollars in a takeover.
  • Already on Thursday the Swiss National Bank (SNB) of CS one Credit of 50 billion francs made available.
  • News agencies report possible ones 10,000 employees laid off.
  • There is speculation about the new head of the possibly merged bank. The name comes up for this Colm Kelleher.


Daily show, 03/18/23, 1:00 p.m

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