Swiss Financial Regulations

  • UBS Group Negotiating an Acquisition of Credit Suisse

    It is reported that UBS Group (UBS) is negotiating a partial or overall acquisition of Credit Suisse; The two sides will hold separate talks over the weekend; The Swiss Central Bank and the Swiss Financial Supervisory Authority (Finma) coordinate negotiations; Swiss regulators told the Federal Reserve and the Bank of England on Friday that merging the two banks is their “Plan A”; The two banks are discussing numerous options; Both parties assess regulatory restrictions in different jurisdictions; There is no guarantee that an agreement can be reached. (Financial Times) UBS negotiates the acquisition of Credit Suisse in whole or in part Analysis based on this information:UBS Group, one of the largest multinational investment banking and financial services companies, is reportedly in negotiations to acquire Credit Suisse. The talks are intended to explore a full or partial acquisition of the bank, with both parties holding separate talks over the weekend. It is believed that the Swiss Central Bank and Swiss Financial…

    03/18/2023
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