UBS and Credit Suisse Reportedly Contemplating Merger
UBS Group (NYSE: UBS) and Credit Suisse (NYSE: CS) are said to be in talks to potentially create one of Europe's largest banks, according to the Swiss finance blog Inside Paradeplatz and reported on by Bloomberg .
Inside Paradeplatz, according to Bloomberg, reported that UBS Chairman Axel Weber is leading the charge and has floated the idea by the Swiss Finance Minister. Inside Paradeplatz also reported that a deal wouldn't happen until early next year, according to Bloomberg.
Image source: Credit Suisse.
Source Fool.com
