Image source, Getty Images Image caption, Credit Suisse hasactually dealtwith a string of scandals in current years, consistingof cash laundering charges By Kathryn Armstrong & Lucy Hooker BBC News Switzerland’s mostsignificant bank, UBS, is in innovative talks to buy all or part of its distressed competing Credit Suisse. Credit Suisse, the 2nd biggest Swiss bank, is dealingwith a crisis of self-confidence and its shares haveactually fallen dramatically in current days, sendingout ripples of issue through the markets. According to the Financial Times UBS is offering to pay up to $1bn (£820m) for Credit Suisse. Regulators are attempting to helpwith a offer priorto markets resume on Monday. The problem at Credit Suisse, integrated with the failure of 2 smallersized UnitedStates banks throughout the last 2 weeks, haveactually tossed the health of the international monetary system into doubt. Credit Suisse is one of around 30 banks aroundtheworld considered too huge to stopworking since they are of such significance to the banking system. But the 167-year-old organization is loss-making and hasactually dealtwith a string of issues in current years, consistingof cash laundering charges. An emergencysituation $54bn (£44.5bn) lifeline from the Swiss National Bank on Wednesday stoppedworking to assure markets and Credit Suisse shares toppled 24%, triggering a larger sell-off on European markets. A offer might be signed as quickly as Sunday night, according to the FEET, which veryfirst reported that regul
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