UBS said to be in takeover talks with Credit Suisse amid turmoil

Switzerland’s largest bank, UBS, is reportedly in talks to take over its troubled rival Credit Suisse, a move that could ease growing concerns that the turbulence at the European banking behemoth could ripple through the global economy. Boards at Switzerland’s two biggest banks are meeting this weekend about plans to merge as early as Saturday evening, according a to a…

This story appeared on, 2023-03-18.
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