UBS names South Korea, India, others as ‘slow’ on Credit Suisse approval on September 19, 2023 at 2:58 pm

Reuters exclusively reported that UBS has identified at least four countries, including South Korea and India, as being “slow” to grant the regulatory approvals needed to complete its takeover of Credit Suisse, an internal document reviewed by Reuters shows. The Swiss banking giant has also highlighted Ireland and Saudi Arabia as “slow jurisdictions” in granting licenses, according to the previously unreported document which was dated Sept. 6 and was circulated to UBS (UBSG.S) staff globally. 

The post UBS names South Korea, India, others as ‘slow’ on Credit Suisse approval  appeared first on Reuters News Agency.

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