BBCNEWS BBC News June 4, 2024 00:16:00
Of credit suisse�*s troubles. what we understand is the governments and parties from both companies are trying to hammer out some of the terms here and ubs is driving a hard bargain because there are lots of risk and many employees that may need to be laid off as well as a litigation risk against credit suisse. there's a lot still happening. it's a fluid situation and no guarantee of a deal at all right now. this situation can change entirely so we are following this very closely. even swiss regulations would have to be somehow circumvented or emergency measures brought into place. normally,...