According to sources of The Financial Times, the negotiations were organized by the Swiss National Bank (NBS) and the financial regulator FINMA. It is noted that we are talking about both full and partial absorption.
The publication recalled that earlier Credit Suisse received a loan of about $ 53.7 billion, but this did not save the bank's shares from falling. By the end of trading, the bank's capitalization fell to $ 8 billion against $ 56.6 billion for UBS.
One of the interlocutors of The Financial Times noted that FINMA informed the United States and the United Kingdom that the merger of banks was the initial plan.
Negotiations of representatives of the banking sector are scheduled for the weekend.
Earlier, analyst and investor Robert Kiyosaki, who predicted the collapse of Lehman Brothers in 2008, said that, in his opinion, the bankruptcy of Credit Suisse should be expected.
The head of the Central Bank of Russia Elvira Nabiullina noted that the situation in the Western financial markets increases the risks of recession.