the They hold certain CS bond holders Due to the forced takeover of the bank by UBS I suffered a complete loss. The first lawsuits have now been filed.
In the extraordinary session him it the National Council the Emergency loans of 109 billion Swiss francs to save cs unacceptable.
the UPS will C.S to Three billion francs takes over. The federal government takes over Guaranteed loss of nine billion Swiss francs.
In general, the federal government and the Swiss National Bank (SNB) provide security guarantees 259 billion francs available.
A collection of the most important articles on the current banking crisis can be found here.
Credit Suisse: acquisition by UBS
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KEYSTONE / Michael Buholzer
UBS acquired the main bank, Credit Suisse. Latest developments regarding CS and the current banking crisis in Switzerland as well as feedback and ratings can be found here.
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