Switzerland is considering a full or partial nationalisation of the Credit Suisse Group AG as the only other viable option outside a UBS Group AG takeover, according to media reports. UBS earlier made an offer to acquire Credit Suisse for up to $1 billion. UBS Group AG Offers to Acquire Switzerland Bank Credit Suisse for Up to $1 Billion.
UBS takeover of Credit Suisse:
BREAKING: Switzerland is considering a full or partial nationalization of Credit Suisse as the only other viable option outside a UBS takeover https://t.co/4ARbvNROB7pic.twitter.com/ShdwVxazLw
— Bloomberg (@business) March 19, 2023
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