UBS offers to buy Credit Suisse for at least US$1 billion, says the Financial Times

UBS Group AG made an offer to buy Credit Suisse for at least US$1 billion, with the Swiss government planning to change the country’s laws to avoid a shareholder vote on the transaction, reported the Financial Times this Sunday (19).

The proposed agreement of all the actions between the two largest banks of Switzerland must be agreed logo mais à noite, disse o relatório, adding that the price of the agreement will be a fraction of the date price of Credit Suisse at the sixth fair (17).