As of today, the scandalous bank Credit Suisse is history, swallowed up by rival UBS and narrowly avoiding an uncontrolled bankruptcy. The fact is, however, that the merged bank is and will remain a major risk for the country. she is a monster
When Credit Suisse shares are traded on the Swiss stock exchange for the last time today, not only will 167 years of company history come to an end, but the fiasco that Switzerland experienced at the end of March must also be remembered again: than the traditional Credit Suisse within less Days suddenly threatened to tip over. When, after many scandals, loss-making deals and fruitless strategy finding, nothing seemed to help more than an emergency takeover by rival UBS.