UBS's takeover of Credit Suisse has sparked size envy among European rivals, but the European Union needs more than bank deals to help its economy. The acquisition, which occurred last year, has led foreign banks to target Switzerland, aiming to capitalize on companies' desire to diversify their business. Despite the increased scale, the main issue for European banks is not the lack of assets but how the money is utilized.
Foreign banks target Switzerland after UBS takeover of Credit Suisse https://t.co/VK25BrNY5H https://t.co/MKIKgQNGAp
🔵 FOREIGN BANKS TARGET SWITZERLAND AFTER UBS TAKEOVER OF CREDIT SUISSE As Credit Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies' desire to spread their business. Full Story via… https://t.co/qe3ErR2wLj
#UBS’s takeover of #CreditSuisse has sparked size envy among European rivals, but scale isn't the killer issue. Europe's banks have plenty of assets, it's how the money is put to work that's the problem for the EU. https://t.co/1TuyOKioV3 via @opinion https://t.co/3IO71WqhSg
UBS’s takeover of Credit Suisse has sparked size envy among rivals, but the EU needs more than bank deals to help its economy, writes @PaulJDavies https://t.co/kdX4G9PsvD via @opinion
UBS’s takeover of Credit Suisse has sparked size envy among rivals, but the EU needs more than bank deals to help its economy, writes @PaulJDavies https://t.co/Y4St6OOKMp