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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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Swiss 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 funds bled $3bn around UBS merger fnlondon.com /1 year ago
UBS brings back former chief to oversee Credit Suisse takeover theguardian.com /1 year ago
UBS’s acquisition of Credit Suisse brings some good and bad for crypto cointelegraph.com /1 year ago
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