As Swiss officials and UBS Group AG raced to
One large dealer was quoting Credit Suisse bonds at levels that were as much as 6.5 points higher than Friday, according to a person with knowledge of the matter, who asked not to be identified discussing private activity in the over-the-counter market.
A merger of UBS Group AG with Credit Suisse Group AG is “plan A” for Swiss regulators seeking to shore up confidence in the nation’s banking system, the Financial Times reported. Bloomberg’s Kailey Leinz and Sonali Basak report on “Balance of Power.”
Source: Bloomberg
The bank’s $2.5 billion of