Bloomberg Law
March 18, 2023, 7:48 PM

BlackRock’s Hildebrand Taking Part in UBS, Credit Suisse Talks

Jan-Henrik Förster
Jan-Henrik Förster
Bloomberg News
Marion Halftermeyer
Marion Halftermeyer
Bloomberg News
Silla Brush
Silla Brush
Bloomberg News

BlackRock Inc. Vice Chairman Philipp Hildebrand is taking part in discussions as Swiss officials race to put together a deal for UBS Group AG to take over Credit Suisse Group AG.

The exact nature of Hildebrand’s role wasn’t immediately clear, people familiar with the matter said, asking not to be identified discussing confidential information. A BlackRock spokesman declined to comment on behalf of Hildebrand.

Philipp Hildebrand
Photographer: Hollie Adams/Bloomberg

UBS is considering acquiring all or parts of Credit Suisse in a deal local regulators are trying to broker before the end of the weekend, after panicked investors dumped its shares and bonds following ...