Unprecedented blow to Switzerland’s reputation is hard to measure
[ad_1] [legit news 247News]In order to prevent the banking crisis from spreading, the Swiss government made emergency mediation last week, resulting in the acquisition of Credit Suisse (Switzerland: CSGN) by UBS (Switzerland: UBSG) for 3 billion Swiss francs (approximately HK$25.7 billion). 40% of Credit Suisse’s share price before the deal was reached. Originally, for the … Read more