Tag: US$3.2
Thousands of jobs at risk after UBS’ US$3.2 billion takeover of Credit Suisse
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Tens of thousands of jobs are at risk following UBS’s US$3.25 billion rescue of Credit Suisse. The merger between the long-time Swiss rivals was brokered by the Swiss National Bank, the country’s central bank, over the March 18-19, 2023, weekend to stave off a developing international banking crisis. UBS officials said it was still too early…