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UBS to gain $8bn fossil fuel exposure from Credit Suisse deal as activists warn of ‘climate nightmare’
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fnlondon.comSwiss regulators are being urged to tighten rules on fossil fuels after Credit Suisse and UBS's tie-up, as analysts warn the deal is a “climate nightmare”.
The shotgun wedding between the Swiss rivals is set to create the world’s fourth largest bank with $5tn in assets under management.
However, the rescue deal is also on track to create “a...
Read more on fnlondon.comAbout this in other media
Credit Suisse chair ‘truly sorry’ over downfall of 167-year-old bank theguardian.com /1 year ago
Credit Suisse shareholders gather at annual meeting to demand answers over UBS rescue cnbc.com /1 year ago
UBS could cut 30% of staff after Credit Suisse takeover — report fnlondon.com /1 year ago
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