Swiss banks get emergency funding

Author (Person)
Series Title
Series Details 16.10.08
Publication Date 16/10/2008
Content Type

Article reports that Switzerland joined the list of countries taking unprecedented measures to strengthen their banks on the 16 October 2008 with the government taking an indirect SFr6bn stake in UBS and Credit Suisse raising SFr10bn from private investors and the Qatar Investment Authority.

Related Links
BBC News, 16.10.08: Switzerland injects cash into UBS http://news.bbc.co.uk/1/hi/business/7673159.stm

Subject Categories
Countries / Regions