UBS takeover: Embattled bank's chairman describes 'historic, sad and very challenging' day
Credit Suisse, the 167-year-old embattled lender had been brought to the brink of financial calamity, despite securing a $54bn (£44bn) credit line from Switzerland's central bank.
Monday 20 March 2023 08:43, UK
UBS will take over Credit Suisse in a deal aimed at stemming what was fast becoming a global crisis of confidence.