UBS Acquires Credit Suisse and Supreme Court Hears Coinbase
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- The Saturday Asia Briefing discussed UBS’s acquisition of Credit Suisse as well as the Supreme Court’s first hearing on crypto.
- The Swiss regulators have been encouraging UBS and Credit Suisse to merge after the fall of the latter.
- The Supreme Court would hear Coinbase’s appeal to consider the arbitration of two lawsuits on Tuesday.
The Saturday Asia Briefing, the weekend market analysis, highlighted the multinational investment bank UBS Group’s acquisition of the falling investment banking company Credit Suisse. The report also narrated the Supreme Court’s first hearing on crypto, regarding Coinbase’s arguments on the arbitration of two lawsuits.
Interestingly, Bloomberg, the Television platform shared a Twitter thread quoting “UBS works on a deal with Credit Suisse, while crypto heads to the Supreme Court: Saturday Asia Briefing”:
Notably, subsequent to Credit Suisse’s failure of an emergency funding lifeline, the investors lost trust in the Swiss bank. According to th…
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