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Credit Suisse takeover hits heart of Swiss banking, identity

The UBS takeover of embattled rival Credit Suisse has shaken Switzerland’s self-image and dented its reputation as a global financial center, analysts say, warning that the country’s prosperity could grow too dependent on a single banking behemoth. The uncertain future of a union of Switzerland’s two global banks comes at…

Credit Suisse takeover hits heart of Swiss banking, identity | Chattanooga Times Free Press

The UBS takeover of embattled rival Credit Suisse has shaken Switzerland s self-image and dented its reputation as a global financial center, analysts say, warning that the country s prosperity could grow too dependent on a single banking behemoth.

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