Switzerland Speeds up Work on Liquidity Backstop After Credit Suisse Crash usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Raiffeisen Bank disbursed the first loan pursuant to the export agreement under the ECA insurance coverage Three Bears, the Ukrainian manufacturer of ice-cream and frozen. | May 10, 2023
The takeover of Credit Suisse by UBS relies partly on direct state guarantees. Now another banking group wants to roll up the Swiss market, in which the state is the most important owner.
It remains unclear who will take over as head of the lucrative Swiss business of the combined UBS/CS. Sabine Keller-Busse, the current head of Switzerland at UBS, has put herself in the driver s seat for the top job.