News

UBS said to be in takeover talks with Credit Suisse amid turmoil

  • Cat Zakrzewski--The Washington Post
  • published date: 2023-03-18 16:38:22 UTC

A merger between Switzerland's two largest banks could ease growing concerns that turmoil at Credit Suisse could ripple through the global economy.

Comment on this story Switzerlands largest bank, UBS, is reportedly in talks to take over its troubled rival Credit Suisse, a move that could ease growing concerns that the turbulence at the Europea… [+2811 chars]