Credit Suisse Crisis: Swiss Government Set To Hold Press Conference

Earlier today, UBS agreed to buy Credit Suisse after increasing its offer to more than $2 billion, the Financial Times reported on Sunday.

Credit Suisse. (Photo Credits: Twitter)

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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