Global Trade Alert
Global Trade Alert

Switzerland: Government provides CHF 9 billion guarantee to UBS in context of UBS takeover of Credit Suisse

Announcement

19 Mar 2023

In March 2023, the Swiss government announced providing a guarantee of up to CHF 9 billion to UBS in order to facilitate the takeover of Credit Suisse by UBS.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

19 Mar 2023

Revocation date:

No revocation date

State aid, nes In force

On 19 March 2023, the Swiss government announced providing a CHF 9 billion (USD 9.7 billion) guarantee to UBS in the context of UBS' takeover of Credit Suisse. According to the press release, with the...

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