UBS racing to seal Credit Suisse deal as soon as April, Reuters reports

The Swiss authorities and UBS (UBS) are racing to close the takeover of Credit Suisse (CS) within as little as a month to try to retain the lender’s clients and employees, Reuters’ Elisa Martinuzzi, Saeed Azhar, and Stefania Spezzati report, citing two sources familiar with the matter. But combining Credit Suisse into UBS could take much longer, potentially months, because the deal needs approval from regulators in tens of countries, the people said. Reference Link