banking system

UBS purchases Credit Suisse for $3.2 billion as authorities attempt to strengthen the international…

Dahlia Martyna Mar 21, 2023

UBS signed a deal to purchase its ailing competitor Credit Suisse for 3 billion Swiss francs ($3.2 billion) on Sunday. With Swiss regulators playing a crucial role in the agreement, governments attempted to halt the spread of a contagion…

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