UBS to complete Credit Suisse takeover by June 12, to oversee assets worth $5 tn: Report  

[ad_1] Swiss multinational investment bank UBS on Monday said that it will complete its takeover of Credit Suisse by “as early as June 12”. This takeover would create a giant…

Swiss regulator says two banks’ crisis plans are insufficient

[ad_1] Swiss financial regulator FINMA has labelled the recovery and resolution plans of two of Switzerland’s five systematically important banks as insufficient, it said on Wednesday. FINMA questioned the ability…