UBS's Credit Suisse deal was the best solution, Swiss government says

UBS's Credit Suisse deal was the best solution, Swiss government says

Swiss Finance Minister Karin Keller-Sutter was determined to present the deal for UBS to buy Credit Suisse as no bailout but the best possible solution to a difficult situation.

UBS's Credit Suisse deal was the best solution says Swiss gov't

(Reuters) - Swiss Finance Minister Karin Keller-Sutter was determined to present the deal for UBS to buy Credit Suisse as no bailout but the best possible solution to a difficult situation. Keller-Sutter, who said she

UBS's Credit Suisse deal was the best solution says Swiss gov't

Swiss Finance Minister Karin Keller-Sutter was determined to present the deal for UBS to buy Credit Suisse as no bailout but the best possible solution to a difficult situation.

UBS to acquire troubled rival Credit Suisse in Swiss government deal

The Swiss central bank is extending a line of credit up to CHF 100 billion (€100 billion) to UBS and Credit Suisse.

Swiss government has a solution for Credit Suisse: competitor UBS takes over

The government in Bern has confirmed that the major bank is being sold. It is to take over UBS for three billion dollars. The Federal Council provides support with a large sum of state money.