Credit Suisse take over is commercial solution, not a bailout: Karin Keller-Sutter, Switzerland FM

[ad_1] Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the…

Credit Suisse take over is commercial solution, not a bailout: Karin Keller-Sutter, Switzerland FM – The Economic Times Video

[ad_1] Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the…

Swiss Finance Minister confident of smooth UBS takeover of Credit Suisse

[ad_1] The Swiss Finance Minister, Karin Keller-Sutter, has stated that the multi-billion state-sponsored takeover of Credit Suisse by UBS is expected to proceed smoothly without political obstructions. The Swiss parliament…