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Business News/ Videos / Credit Suisse Collapse - UBS To The Rescue | Mint Primer | Mint

Credit Suisse Collapse - UBS To The Rescue | Mint Primer | Mint

UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers. After a weekend of frantic talks to forge a solution before markets opened in Asia, the firm struck a deal to buy its smaller rival for about $3.3 billion in a share deal that includes extensive guarantees and liquidity provisions.

 
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