Swiss banking giant in talks to buy Credit Suisse – media ...News

UBS reportedly may acquire all or parts of the failing lender, with discussions to be held over the weekend Swiss financial regulators, the Swiss National Bank and the Swiss Financial Market Supervisory Authority (FINMA), are organizing talks between the country’s two largest banks, UBS and Credit Suisse, to discuss a potential merger between the lenders, Bloomberg and Financial Times reported on Friday citing sources. According to the reports, UBS is exploring an acquisition of all or parts of Credit Suisse. The boards of the two banks are also expected to meet separately this weekend to evaluate the idea of a me

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