Explained: Why did UBS acquire Credit Suisse for nearly $3.25 billion? How does this affect the bank’s future?
Fp Explainers • .After a chaotic week, UBS, Switzerland’s largest bank, inked a historic deal to acquire Credit Suisse for nearly $3.25 billion with Swiss government backing. The deal — praised by many — is to calm the global market, which has been panicking, and support financial stability
