The Swiss Federal Prosecutor’s Office has launched an investigation into the merger of two local banks – UBS and Credit Suisse. In this respect Wrote The Financial Times cited the ministry’s statement.
After the article, the prosecution examines possible criminal law violations by government officials, regulators and heads of these banks.
“The U.S. Attorney’s Office seeks to actively fulfill its mission and [взять на себя] responsibility to contribute [поддержание] Transparency of the Swiss financial centre, [в связи с чем] established monitoring to take immediate action in any situation that falls within the scope of its activities” (quote from TASS).
The prosecutor’s office said in a statement that “many aspects of events around Credit Suisse” call for an investigation to be opened to “determine crimes within its jurisdiction”.
The article states that the prosecution is in contact with the Swiss federal government and regional authorities in this case and intends to question those involved.
Switzerland’s largest bank UBS bought the second largest bank Credit Suisse for 3 billion francs ($3.24 billion), it happened March 19 is known.