UBS - Garner Ted Armstrong Evangelistic Association

12 Jun 2023

UBS completes takeover of Credit Suisse as job cuts loom

UBS talks of the ‘beginning of a historic new chapter’ UBS said Monday that it has finalized its takeover of Credit Suisse, ending a months-long saga that saw the near-collapse of one of Switzerland’s biggest financial institutions. The bank announced … Read More

22 Mar 2023

‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line

by Sam Meredith | CNBC | posted in: Breaking News, News, World News |

The demise of banking giant Credit Suisse sent shock waves through financial markets and appears to have dealt a blow to Switzerland’s reputation for stability, with one executive suggesting investors will now look at the mountainous central European country as “a … Read More