Swiss president backs Credit Suisse takeover

By Agence France-Presse

Apr 12, 2023 12:17 am

BERN: Swiss President Alain Berset on Tuesday will defend the orchestrated takeover of Credit Suisse by UBS at an extraordinary session of parliament to debate the bank's collapse.

Berset's government played a leading role in arranging the merger of Switzerland's biggest banks a deal done in double-quick time behind closed doors on March 19.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

US industrial production jumps in Aug

Boeing, workers' union resume talks

Japan's exports slow sharply in August

US retail sales see slight rise

EA upbeat on annual bookings forecast

Microsoft, BlackRock to raise $100 billion

Tupperware Brands files for bankruptcy