Swiss authorities are investigating the £2.6bn takeover of Credit Suisse by UBS amid possible breaches of criminal law, with government officials, regulators and executives at both firms under scrutiny. The move comes after Credit Suisse was rescued by its rival two weeks ago due to fears it would implode. The deal saw the creation of an institution with £1.3tn in assets.

Swiss prosecutors are investigating the takeover of Credit Suisse by rival UBS, following allegations of illegal collusion and market manipulation. The probe has sent shockwaves through the banking industry, as both Credit Suisse and UBS have faced scrutiny over their secretive dealings and the potentially damaging impact of their merger on competition in the Swiss financial sector. This article examines the background to the takeover and the potential implications of the investigation for both banks and the wider business community.


Swiss authorities have launched an investigation into the emergency takeover of Credit Suisse by UBS over a weekend two weeks ago. The federal prosecutor is examining possible breaches of criminal law by government officials, regulators and executives at the banks. Without a rescue, Credit Suisse was in danger of imploding – potentially causing a meltdown for the wider global banking sector. Some analysts believe the deal will prove a huge success for UBS as it purchases its long-time rival at a low valuation, but it may result in up to 30% of jobs being lost. Shareholders will have the opportunity to raise grievances during the annual general meetings of both banks this week.


As the investigation into the takeover of Credit Suisse by UBS continues, many questions remain unanswered. Will the Swiss prosecutors find evidence of conflicts of interest or other illegal activity? What impact will this have on the reputation of these two powerful institutions? Only time will tell. One thing is certain, however: the scrutiny of this high-profile acquisition serves as a reminder that even the most influential players in finance are subject to the law, and that accountability remains a cornerstone of the Swiss financial system. As the story develops, we must stay vigilant in our commitment to transparency and ethical conduct in the global market.