articles
The transaction between Credit Suisse and UBS has been in the news a lot lately. But what exactly happened? And what role has the resolution legislation played in this? In this article I explain the European legal framework for the resolution of systemically important banks, and then discuss the situation in Switzerland. I describe how the M&A transaction took place and assess the possible consequences for legal certainty. This article is a brief legal elaboration on the rescue of Credit Suisse.
12.04.2023