Official: Credit Suisse Takeover Will Be Smooth

Source: Newsmax
Published: Apr 9, 2023
Author: Staff
Post Date: 2023-04-09 02:40:21 by Charles_Byrd
Views: 243

UBS's multibillion-dollar state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin Keller-Sutter said in an interview published on Saturday.

The Swiss parliament is due to hold an extraordinary session next week to discuss the emergency merger engineered by the Swiss authorities after Credit Suisse came close to collapse.

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