(Reuters) – UBS has entered talks to buy all or part of Credit Suisse, with the boards of the two Swiss banks set to meet separately this weekend, the Financial Times reported on Friday, citing sources. sources familiar with the matter.
The Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority (FINMA) are organizing the discussions with the aim of restoring confidence in the Swiss banking sector, the newspaper adds.
The Bloomberg agency reported on Thursday that the two banks were opposed to a forced merger.
Neither Credit Suisse nor UBS would comment on the Financial Times information.
(Kanjyik Ghosh report; French version Camille Raynaud)
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