Switzerland considers full or partial Credit Suisse nationalisation -Bloomberg


Reuters | Updated: 19-03-2023 20:10 IST | Created: 19-03-2023 20:10 IST
Switzerland considers full or partial Credit Suisse nationalisation -Bloomberg

Swiss authorities are considering a full or partial nationalisation of Credit Suisse as the only other viable option outside a takeover by UBS Group , Bloomberg reported on Sunday.

Switzerland is considering either taking over the bank in full or holding a significant equity stake if UBS is unable to complete a takeover of Credit Suisse, the report added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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