Amid the Credit Suisse crisis, the Swiss government will hold an important press conference later on Sunday, at 6:30 pm UK / 2:30 pm ET. Earlier today, UBS agreed to buy Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday. UBS Group AG Offers to Acquire Switzerland Bank Credit Suisse for Up to $1 Billion.
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The Swiss government is set to hold a press conference announcing the deal at 6:30 pm UK / 2:30 pm ET.
We'll stream it on Twitter — as well as our Banking Breakdown Special on Bloomberg Surveillance with @FerroTV and @lisaabramowicz1 after — so tune in https://t.co/dh1S3hOsHb pic.twitter.com/G5ZrGL2r80
— Bloomberg (@business) March 19, 2023
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