Swiss attorney-general launches probe into takeover of Credit Suisse

South Africa News News

Swiss attorney-general launches probe into takeover of Credit Suisse
South Africa Latest News,South Africa Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Investigation could focus on who leaked information about the takeover before it was completed

The Swiss attorney-general’s Office has opened an investigation into the government-brokered takeover of Credit Suisse Group by UBS Group and is gathering evidence to identify possible crimes.

“In view of the relevance of the events”, the top federal prosecutor “intends to proactively fulfil its mandate and responsibility to contribute to a clean Swiss financial centre and has set up a monitoring system in order to take immediate action in the event of any circumstances that fall within its jurisdiction”, the office said in a statement on Sunday...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Swiss prosecutors say investigating UBS-Credit Suisse mergerSwiss prosecutors say investigating UBS-Credit Suisse mergerSwiss federal prosecutors said that they had begun investigating the UBS takeover of its embattled banking rival Credit Suisse.
Read more »

Cloudy outlook for Europe banking stocks after recent SVB and Credit Suisse turmoilA two-week tumult causes uncertainty as the financial sector faces pressure to demonstrate stability and capitalise while contending with 2008-style volatility
Read more »

Editorial | Bester: too little, too late | City PressEditorial | Bester: too little, too late | City PressEditorial | Either the prison authorities knew about this and hoped the information would never leak to the public, or they were so incompetent and so out of depth that it took a newspaper and a member of the public to expose this
Read more »

Swiss prosecutors say investigating UBS-Credit Suisse mergerSwiss prosecutors say investigating UBS-Credit Suisse mergerSwiss federal prosecutors said that they had begun investigating the UBS takeover of its embattled banking rival Credit Suisse.
Read more »

Cloudy outlook for Europe banking stocks after recent SVB and Credit Suisse turmoilA two-week tumult causes uncertainty as the financial sector faces pressure to demonstrate stability and capitalise while contending with 2008-style volatility
Read more »

Legendary UK guitar amp maker agrees Swedish takeoverLegendary UK guitar amp maker agrees Swedish takeoverBritain's Marshall Amplification, legendary maker of guitar amps used by rock icons agreed to a takeover from Swedish speaker giant Zound Industries.
Read more »



Render Time: 2025-02-19 04:31:18