UBS in talks to take over Credit Suisse

2 min read . Updated: 18 Mar 2023, 09:54 PM IST Justin Baer, The Wall Street Journal

Swiss authorities are expected to reach at least a rough deal before markets reopen (WSJ) — Swiss authorities are expected to reach at least a rough deal before markets reopen **(WSJ)**

Discussions are part of an urgent effort by Swiss and global authorities to restore trust in the banking system

UBS Group AG is in talks to take over parts or all of Credit Suisse Group AG, which might involve a government backstop, part of an urgent effort by Swiss and global authorities to restore trust in the banking system, people familiar with the situation said.

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