Live Breaking News & Updates on Will Ubs

Stay updated with breaking news from Will ubs. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts for BBCNEWS BBC News 20240604 21:05:00

The market accepts this deal. how much support is ubs getting from the swiss government? what are the indemnities like because ubs is taking on a troubled bank with legal issues, will ubs be protected from that? there are lots of short term issues. the long term issue is what does ubs do with the different parts of the bank where there is a lot of parallels with what it does and overlaps. this is not going to be an easy thing to digest. this is a big bite and ubs will need time to digest it. what is in it for ubs? why would they want to take over a troubled bank with legal issues? this is not a voluntary marriage, this is a forced marriage, a shotgun wedding. ubs is being pushed very hard by the swiss authorities and i suspect the swiss authorities are being pushed very hard ....

Swiss National Bank , Will Ubs , Shotgun Wedding ,