Thousands of jobs at risk after UBS’ US$3.2 billion takeover of Credit Suisse | South China Morning Post

Tens of thousands of jobs are at risk following UBS’s US$3.25 billion rescue of Credit Suisse. The merger between the long-time Swiss rivals was brokered by the Swiss National Bank, the country’s central bank, over the March 18-19, 2023, weekend to stave off a developing international banking crisis. UBS officials s…

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