Over a weekend of dealings likened to a John Le Carre Novel Swiss banking giant UBS Group has agreed to acquire the 167-year-old lender Credit Suisse Group in a Switzerland government-led deal aimed to calm markets before they reopen in Zurich. There were fears a collapse of CS after it become effectively financially crippled after the contagion the followed the collapse of a serious of high-risk American regional banks collapsed. The move comes ahead of a deluge of Central bank … Continue reading “UBS to Buy Credit Suisse in $2B All-Stock Deal, Includes SNB $US100 Billion Liquidity Line”