Finance Minister Keller-Sutter on CS Takeover
Published: Friday, Aug 11th 2023, 09:00
Updated At: Friday, Oct 13th 2023, 14:12
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Finance Minister Karin Keller-Sutter held a press conference on Friday to announce the dissolution of the UBS guarantee contract with the Swiss government in relation to the CS takeover. She stated that the situation had arisen due to the bank's poor decision-making over a number of years. She emphasised that the bank had failed to take responsibility for its employees, customers and the country as a whole. She concluded by saying that the government had worked hard to ensure that the situation was resolved in the best possible way. In summary, Finance Minister Karin Keller-Sutter held a press conference on Friday to announce the dissolution of the UBS guarantee contract with the Swiss government in relation to the CS takeover. She stated that the situation had arisen due to the bank's poor decision-making over a number of years and that the government had worked hard to ensure that the situation was resolved in the best possible way.nnnnnnnn
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