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Ubs earns 5 billion on the stock exchange with Credit Suisse

2023-03-21T14:22:23.575Z


Ubs flies to the Zurich Stock Exchange marking the most significant increase since March 2020 while among investors the idea is spreading that Ubs has made an excellent deal by acquiring Credit Suisse, purchased at the closing price of 3 billion francs with import.. (ANSA)


(ANSA) - MILAN, MARCH 21 - Ubs flies to the Zurich Stock Exchange, marking the most significant rise since March 2020 while the idea is gaining ground among investors that Ubs has made an excellent deal by acquiring Credit Suisse, purchased at the final price of 3 billion francs with important guarantees and aid from the central bank and the Swiss government, aimed at reducing the risks of the operation.

The stock jumped by 7.4% to 18.6 francs, after having recorded a maximum rise of 9.2%.

Traieri and today the capitalization of the Swiss giant has increased by over 5.5 billion francs.

(HANDLE).


Source: ansa

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