Crunch time for Credit Suisse talks as UBS seeks Swiss assurances

Talks over rescuing Credit Suisse (CSGN.S) rolled into Sunday as UBS AG (UBSG.S) sought $6 billion from the Swiss government to cover costs if it were to buy its struggling rival, a person with knowledge of the talks said.
Authorities are scrambling to resolve a crisis of confidence in the 167-year-old Credit Suisse, the mostly globally significant bank caught in the turmoil…

This story appeared on, 2023-03-19.
Read the Entire Internet on a Single Page. Join Now →