Video Details:
Date: 2023/03/22 File Size: 240.21 MB
Duration: 00:00:18 Frame Size: 3840 x 2160

UBS Agrees to Buy Credit Suisse for More Than $3 Billion


UBS logo is seen outside its New York Headquarters Branch in Midtown Manhattan in New York City, USA. -On Sunday, UBS agreed to acquire Credit Suisse for 3 billion Swiss francs ($3.2 billion) after raising its bid to over $2 billion. Swiss authorities, eager to publicize the agreement before Monday, have decided to alter the nation's laws to bypass a shareholder vote. Credit Suisse, which has been struggling, will become a subsidiary of UBS following the acquisition.

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