To Switzerland the wave of reductions after merges do not wait for UBS and Credit Suisse Group AG

Zurich, 11 Apr — the PRIME. The head State secretariat of economy of Swiss Confederation Elen Budliger-Artieda counts that merge two largest banks of the country – UBS and Credit Suisse Group AG – will not lead to a wave of reductions. "We hope that the wave of dismissals will not be. But if it occurs, we will be compelled to act together with cantons" — told Budliger Artiyeda in interview to Yezhednevnaya gazeta Neue Zürcher Zeitung in response to the question, what economic consequences from merges two banks expects the state secretariat on economy. The head of Seco added that the Minister of Economics Switzerland Gui...