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  • Swiss National Bank lost $143 BILLION last year... But just gave Credit Suisse a $55 BILLION loan. ...and another $100 BILLION in liquidity for UBS to takeover Credit Suisse.
    Swiss National Bank lost $143 BILLION last year...  But just gave Credit Suisse a $55 BILLION loan.  ...and another $100 BILLION in liquidity for UBS to takeover Credit Suisse.
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  • #BREAKING: It's official, UBS has announced the takeover of Credit Suisse with the support of the Swiss Government. Some highlights: - Both banks will have UNRESTRICTED access to Swiss National Bank facilities - Both banks can obtain liquidy assist
    #BREAKING: It's official, UBS has announced the takeover of Credit Suisse with the support of the Swiss Government. Some highlights:  - Both banks will have UNRESTRICTED access to Swiss National Bank facilities  - Both banks can obtain liquidy assist
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