UBS completes takeover of Credit Suisse in deal meant to stem global financial turmoil
Published on: Sunday 11 June 2023
BERLIN (AP) — UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country’s two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and choke off market turmoil. A statement […]