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Credit Swiss should have copied UBS more than a decade ago

By Chris Bailey of Financial Orbit | Sunday 19 March 2023


It will not surprise you to know that whilst I have visited Switzerland many times, I do not have a Swiss bank account. As one of the world's most boring people, I have two very boring and very ordinary mainstream UK banking accounts, which both have a few weeks of living costs in them. You may have read this morning that “Switzerland's biggest bank, UBS, is in advanced talks to buy all or part of its troubled rival Credit Suisse”, which reminds me of about a trip eleven or so years ago that I made to Zurich…
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