UBS Under Scrutiny After Credit Suisse Takeover

Switzerland's pricing supervisor is closely monitoring UBS following its acquisition of Credit Suisse. The supervisor met with financial regulators, competition authorities, and the Swiss National Bank to discuss the merger's implications. UBS recently confirmed the completion of merging its domestic unit with Credit Suisse's operations in Switzerland.

Switzerland's pricing supervisor has put UBS under observation following its takeover of Credit Suisse, the regulator said on Thursday.

The supervisor meet with financial market regulator FINMA, competition authority WEKO and the Swiss National Bank to discuss consequences of the takeover, it said.

UBS on Monday said it has completed the merger of its domestic unit with Credit Suisse's operations in its home market.

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