Wednesday, March 22, 2023

Credit Suisse: Blackrock says not participating in any plan to acquire Credit Suisse – Usky News

London: black Rock A spokesman for the US asset manager said on Saturday it has no plans or interest in acquiring troubled Swiss lender Credit Suisse.
“BlackRock is not participating in any plan to acquire all or any portion of Credit Suisse, and has no interest in doing so,” a spokeswoman told Reuters.
The Financial Times previously reported that BlackRock was working on a rival bid for Credit Suisse, with the aim of moving a scheme to Credit Suisse. UBS To acquire the struggling bank. The FT said the US investment giant is evaluating a range of options and working with other investors.


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