Switzerland’s UBS says it could complete Credit Suisse takeover on June 12
Published on: Sunday 04 June 2023
BERLIN (AP) — Switzerland’s UBS said Monday that it expects to complete its takeover of longtime rival Credit Suisse as early as next week. The two Zurich-based banks are uniting in a 3 billion-franc ($3.3 billion) deal that was arranged hastily in March by the Swiss government and regulators after Credit Suisse’s stock plunged and…
