On 15 April 2024 SWI GVT issued thematic dossier on CS takeover by UBS.
- SWI GVT issued comprehensive dossier documenting the takeover of Credit Suisse (CS) by UBS, including relevant information, documents and comprehensive FAQs.
- Follows SWI PRL Feb. 2024 updated on inquiry following Credit Suisse crisis.
Main Points
- The dossier includes factsheets on the financial implications for the Confederation, on the takeover contracts, the measures re variable remuneration at Credit Suisse/UBS.
- On the too-big-to-fail (TBTF) regulatory framework, on differences relative to the stabilization of UBS, Swiss and Axpo, and to COVID-19 credits, and events' timeline.