Swiss president to defend Credit Suisse takeover in parliament | The Malaysian Insight

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Swiss president to defend Credit Suisse takeover in parliament | The Malaysian Insight
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Swiss president to defend Credit Suisse takeover in parliament

Swiss President Alain Berset will today defend the orchestrated takeover of Credit Suisse by UBS at an extraordinary session of parliament to debate the bank’s collapse. – AFP, April 11, 2023.

SWISS President Alain Berset will today defend the orchestrated takeover of Credit Suisse by UBS at an extraordinary session of parliament to debate the bank’s collapse. Berset’s government played a leading role in arranging the merger of Switzerland’s biggest banks – a deal done in double-quick time behind closed doors on March 19.

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