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Media Speculates On UBS Deal For Credit Suisse
Editorial Staff
20 March 2023
(Story subsequently updated elsewhere with an announcement.) "Beyond Switzerland (and the remaining uncertainties about counterparty risks – hence the need for swift action by the Swiss, European banks remain in much better shape than US banks, particularly the big banks supervised by the ECB," he added.
market sees matters more accurately, singling out only Credit Suisse as trouble. While CS’ liquidity and capital are above regulatory limits, the market has taken the clear view that they’ll need additional capital to restructure and that this capital will be provided by the Swiss government. But maybe not so fast.