If Credit Suisse rejects ‘up to $1b’ UBS offer, Switzerland may take it over
To contain panic after 2nd & 3rd largest U.S. bank failures ever, authorities race to rescue Credit Suisse, among world's largest wealth managers and considered by regulators to be 1 of 30 systemically important banks
___
Check It Out:
– UBS makes offer for Credit Suisse, bondholder losses considered