UBS ends taxpayer backstop granted for Credit Suisse rescue
www.reuters.com
Swiss taxpayers are no longer on the hook over the rescue of Credit Suisse after UBS said on Friday it would not need the 9 billion francs ($10.3 billion) of state guarantees provided to smooth the takeover of its failing rival.
  • regolithEnglish
    5·
    1 year ago

    Yep, “we’re fine, don’t need any help, no we don’t need an ambulance, off you go!, have a nice day!”