Wednesday, March 22, 2023
HomeBusinessUBS in discussions to buy Credit Suisse: report

UBS in discussions to buy Credit Suisse: report


The Financial Times reported late Friday that UBS Group AG is in talks to buy all or part of Suisse Group AG, with their boards meeting separately over the weekend to consider the move.

Swiss regulators are helping with the talks as they try to boost confidence in the country's sector, the newspaper told “several people” aware of the talks. The goal is to reach a solution by Monday, although any deal could fall through.

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