
Switzerland Considers Nationalization Of Credit Suisse As Proposed UBS Takeunder Falters
• https://www.zerohedge.com, by Tyler DurdenSo much for Credit Suisse thinking it has leverage by balking at the proposed CHF0.25 offer from UBS.
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So much for Credit Suisse thinking it has leverage by balking at the proposed CHF0.25 offer from UBS.
--replaced by Ukrainian refugees
As in neighboring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely.