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UBS offers a billion to buy Credit Suisse. But the bank rejects the offer

2023-03-19T16:08:33.757Z


The Financial Times reports it citing some sources, according to which the operation is all in securities (ANSA)


UBS is offering $1 billion to buy Credit Suisse.

The Financial Times reports it, quoting some sources, according to which the operation is entirely in securities.

But, according to reports from the Bloomberg agency, Credit Suisse would be against the offer.

It would be pushing it back supported by its largest shareholder. 

Again according to what the Bloomberg agency reports, quoting some sources, Switzerland is evaluating the nationalization of Credit Suisse in whole or in part in the event that an agreement with UBS should not be reached.

Source: ansa

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