Search For "union bank of switzerland"
Indian banking system less prone to SVB-like incidents: Ministry of Financ
Updated : 3 years, 1 month ago IST
The collapse of a few regional banks in the US, which started with Silicon Valley Bank, and the takeover of the crisis-hit Credit Suisse Bank by the Union Bank of Switzerland (UBS) have sent ripples across the global banking industry and posed fears of a contagion effect across economies.
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Switzerland's biggest bank agrees to take over Credit Suisse
Updated : 3 years, 2 months ago IST
The Swiss National Bank, in a statement, said, "UBS today announced the takeover of Credit Suisse."
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