Swiss government makes way for UBS to buy ailing Credit Suisse
epa10532705 Colm Kelleher (R), Chairman UBS speaks beside Axel Lehmann (L), Chairman Credit Suisse, during a press conference in Bern, Switzerland, 19 March 2023. The bank UBS takes over Credit Suisse for 2 billion US dollars. Shares of Credit Suisse lost more than one-quarter of their value on 15 March 2023, hitting a record low after its biggest shareholder, the Saudi National Bank, told outlets that it would not inject more money into the ailing Swiss bank. EPA/PETER KLAUNZER
