Swiss banking regulators
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Possible Merger between UBS and Credit Suisse
According to reports, according to British media local time on the 17th, UBS Group, another major Swiss bank, is discussing a full or partial acquisition of Credit Suisse Bank. The report quoted several sources as saying that the acquisition plan was encouraged by Swiss banking regulators. The boards of directors of the two banks will meet this weekend to discuss relevant matters. The two banks have not yet commented on this report. British media: UBS Group is negotiating to acquire Credit Suisse Bank Analysis based on this information:According to reports from British media, UBS Group is considering a full or partial acquisition of Credit Suisse Bank. The alleged merger talks between two of Switzerland’s largest banks have gained interest from Swiss banking regulators. Although no official statements have been made by either bank, the boards of directors plan to meet over the weekend to discuss the potential merger. The financial world has been surprised by this news, as both banks…