Published: Mar 21, 2023, 06:00 IST | Updated: Mar 21, 2023, 06:00 IST
Credit Suisse is being taken over by UBS. Both are giant Swiss banks, but their investment banking arms operate all over the world. Swiss banking has the ultimate reputation for financial stability, so the slide into uncertainty for Credit Suisse, and the shotgun marriage to UBS, have left the Swiss rather dazed.