2023.03.20 18:38 GMT+8

Expert: UBS deal is relief to shareholders of Credit Suisse

Updated 2023.03.20 18:38 GMT+8
CGTN

The United Bank of Switzerland will buy rival bank Credit Suisse for 3 billion Swiss francs. Chen Jiahe, Chief Investment Officer at Novem Arcae Technologies, says that the deal is a relief for shareholders of Credit Suisse, since this is a much higher offer than the previous deal.

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