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OluOmoyele / Olu Omoyele
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2023-03-19 22:32:30

OluOmoyele on Nostr: The rushed #UBS deal to acquire #CreditSuisse was brokered by the Swiss govt, the ...

The rushed #UBS deal to acquire #CreditSuisse was brokered by the Swiss govt, the central bank, and the banking regulator.

It is reminiscent of the UK govt brokered deal in which #LloydsBank acquired rival, #HBOS, during the global financial crisis 14 years ago!

#BankingCrisis

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