> The Swiss Finance Ministry as talks between UBS and Credit Suisse continue / 33BM3QW
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The Swiss Finance Ministry as talks between UBS and Credit Suisse continue / 33BM3QW
Clip ID 2182555
Creator AFP
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Description
Images show the Swiss Finance Ministry in Bern, where talks between Switzerland's biggest bank, UBS, and its troubled rival, Credit Suisse, are taking place. UBS is being urged by authorities to get a takeover bid over the line before Monday to avoid a wave of panic on the markets. Following the collapse of US lender, Silicon Valley Bank, credit Suisse's share price plunged by more than 30 percent on Wednesday to a new record low of 1.55 Swiss francs. IMAGES