ZURICH, July 4 (Reuters) – Switzerland’s consumer pricing watchdog has put UBS (UBSG.S), opens new tab under observation following its takeover of Credit Suisse, the regulator said on Thursday, amid concerns that the market power of the enlarged lender could lead to higher loan charges.
The supervisor had met with financial market regulator FINMA, competition authority ComCo and the Swiss National Bank to discuss consequences of the takeover, it said in a statement.
Source: REUTER
