Banking massive UBS is obtaining smaller rival Credit score Suisse to keep away from marketplace turmoil

GENEVA, Switzerland (AP) – Banking massive UBS is purchasing its smaller rival Credit score Suisse as a way to keep away from additional marketplace turmoil in world banking, Swiss President Alain Berset introduced Sunday evening. Berset, who didn’t specify the worth of the deal, known as the announcement “one of the vital nice broadsides for … Read more