Economy

Switzerland Considers Full or Partial Nationalization of Credit Suisse

Switzerland Considers Full or Partial Nationalization of Credit Suisse

Swiss authorities are considering the full or partial nationalization of Credit Suisse as the only viable option instead of the acquisition by UBS, according to Bloomberg News on Sunday. Bloomberg reported that Switzerland is weighing either completely acquiring Credit Suisse or holding a significant stake in its shares if UBS is unable to finalize the acquisition.

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