UBS Says Its Rescue of Credit Suisse Was a Rushed Deal With Unclear Risks
The logo of Swiss bank UBS is seen at its headquarters in Zurich, Switzerland, on Feb. 17, 2021. (Arnd Wiegmann/Reuters)
The logo of Swiss bank UBS is seen at its headquarters in Zurich, Switzerland, on Feb. 17, 2021. (Arnd Wiegmann/Reuters)
Dr. Joseph Goebbels (L), Minister of propaganda for Nazi Germany, and German Chancellor Adolf Hitler (R) standing in a crowd of military officers in Germany circa 1935. (Hulton Archive/Getty Images)
A pedestrian walks past a logo of Credit Suisse outside its office building in Hong Kong on March 21, 2023. (Lam Yik/Reuters)
A traffic light signals green in front of the logos of the Swiss banks Credit Suisse and UBS in Zurich on March 19, 2023. (Michael Buholzer/Keystone via AP)
Grey clouds in the sky over a Credit Suisse bank in Zurich on Feb. 21, 2022. (Ennio Leanza/Keystone via AP)
The headquarters of Germany's Deutsche Bank in Frankfurt, Germany, on Sept. 21, 2020. (Ralph Orlowski/Reuters)
Sergio Ermotti, newly rehired CEO of UBS Group AG attends a news conference in Zurich on March 29, 2023. (Stefan Wermuth/Reuters)
Governor of the Bank of England Andrew Bailey giving evidence to the Treasury Select Committee at the House of Commons, London, on March 28, 2023. (House of Commons/UK Parliament via…
Federal Reserve Board chairman Jerome Powell speaks during an interview by David Rubenstein, chairman of the Economic Club of Washington at the Renaissance Hotel in Washington on Feb. 7, 2023.…
View of the Swiss National Bank in Zurich, Switzerland, on June 23, 2022. (Arnd Wiegmann/Reuters)