UK regulators back merger of banking giants Credit Suisse and UBS

Credit Suisse has a market capitalisation of just $8bn, down from close to $100bn at its 2007 peak, with fears for its future shaking financial markets across the world.

Sunday 19 March 2023 19:05, UK

British banking watchdogs have approved a takeover of Credit Suisse by its Swiss peer UBS.
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