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…

Karin Keller-Sutter: the finance minister behind the rescue of Credit Suisse

[ad_1] Swiss politicians are stealthy by design. But last weekend, as Credit Suisse, Switzerland’s second-largest bank, and a national institution, tottered on the brink of failure, Bern’s political leadership was…