Credit Suisse, the Swiss banking giant that liked to live dangerously, has run out of road.
The bank struck a deal this weekend to be bought by rival UBS after an uncontrolled slide in its stock and bonds.
Investment Banking
Credit Suisse never lost its taste for risk
The bank’s agreement to be bought by rival UBS marks the end of 167 years as an independent institution
Monday 20 March 2023 at 07:18
Credit Suisse, the Swiss banking giant that liked to live dangerously, has run out of road.
The bank struck a deal this weekend to be bought by rival UBS after an uncontrolled slide in its stock and bonds.