Overview
- UBS expects to complete its takeover of Credit Suisse as early as next week.
- The 3 billion-franc deal was arranged hastily in March by the Swiss government and regulators.
- The merger was aimed at stemming upheaval in the global financial system after the collapse of two U.S. banks.
- The takeover will leave UBS as Switzerland's single banking titan.
- Completion is subject to the registration statement being declared effective by the U.S. Securities and Exchange Commission and other remaining closing conditions being satisfied or waived by UBS.