Swiss Banks’ Shares Slide On Lehman Brothers Fallout »
By admin on Sep 17, 2008 in Swiss Banking | 0 Comments
Swiss banks UBS AG (UBS) and Credit Suisse (CS) both came under pressure Monday, as outlook for the sector dimmed further in the wake of the collapse of Lehman Brother Inc. (LEH) and the sale of Merrill Lynch & Co. ( MER) to Bank of America Corp. (BAC). The Swiss banks are much better capitalized [...]
