UBS, Credit Suisse Don't Want to Merge

The video discusses the potential merger between UBS and Credit Suisse, highlighting UBS's reluctance due to Credit Suisse's risk profile and a preference to focus on wealth clients. It explores the challenges and risks associated with the merger, including the need for support from the Swiss National Bank. The current situation is stable, but uncertainties about Credit Suisse's loans remain a concern for international banks, taking the merger off the table for now.

What was the initial perception of the merger between UBS and Credit Suisse?

What are the implications of the current stability of the situation for international banks?