News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

UBS in discussions to take over Credit Suisse – report

A potential deal could cap a turbulent three years for Credit Suisse, which has been rocked by successive scandals and ongoing losses

Credit Suisse boss Ulrich Körner told staff to "focus" on facts as shares tanked
Credit Suisse boss Ulrich Körner told staff to "focus" on facts as shares tanked Photo: Getty Images

UBS is in talks to take over Credit Suisse following a tumultuous week in what would be the most significant bank deal since the 2008 global financial crisis.

The Swiss National Bank and regulator Finma are trying to orchestrate discussions which could see parts or all of Credit Suisse sold to UBS, according to the Financial Times.

WSJ Logo