UBS, Credit Suisse Explore Merger -Inside Paradeplatz
September 14 2020 - 9:15AM
Dow Jones News
--UBS and Credit Suisse's chairmen are looking into a possible
merger, Swiss finance blog Inside Paradeplatz reports, citing
unnamed company sources.
--UBS's Axel Weber was driving the potential deal and talking to
Credit Suisse's Urs Rohner, the publication reports, pointing out
that an agreement could happen early next year. Mr. Weber had also
talked to the Swiss finance minister about it, according to Inside
Paradeplatz.
--The two banks declined to comment.
Full story (in German): https://bit.ly/3isMamM
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(END) Dow Jones Newswires
September 14, 2020 09:00 ET (13:00 GMT)
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