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CS turbulence – Media: UBS to hold takeover talks with Credit Suisse – News

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CS turbulence – Media: UBS to hold takeover talks with Credit Suisse – News
CS turbulence – media: UBS to hold takeover talks with Credit Suisse – News – SRF


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Contents

  • According to a media report, the major Swiss bank UBS is in talks with its competitor Credit Suisse about a takeover.
  • UBS could acquire all or part of Credit Suisse, reports the Financial Times, citing people familiar with the matter.
  • Credit Suisse shares then rose nine percent in the after-hours trading session.

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