UBS CEO says bank can handle risks of Credit Suisse takeover

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UBS can handle the risks from taking over Swiss rival bank Credit Suisse, UBS Chief Executive Ralph Hamers told broadcaster SRF. In a package orchestrated by Swiss regulators on Sunday, UBS will pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse and assume up to $5.4 billion...

https://www.hellenicshippingnews.com/ubs-ceo-says-bank-can-handle-risks-of-credit-suisse-takeover/

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