Berset: UBS Buying Credit Suisse Was 'Best Solution'

The video discusses the impact of liquidity outflows and market volatility, leading to the necessary takeover of Credit Suisse by UBS. Supported by the Federal Council, this move aims to restore confidence in financial markets. The Federal Council guarantees the conditions for the takeover's success, emphasizing its importance in managing risks to the country and its citizens.

What was identified as a necessary action due to market volatility?

• Reducing government spending

• Implementing a swift and stabilizing solution

• Enhancing digital banking services

• Increasing interest rates

Who is supporting the takeover of Credit Suisse by UBS?

• The European Central Bank

• The Federal Council

• The International Monetary Fund

• The World Bank

Which organization is involved in the meetings regarding the takeover?

• The Swiss National Bank

• The United Nations

• The European Union

• The World Trade Organization

What is the Federal Council's view on the takeover of Credit Suisse by UBS?

• It is the best solution for restoring confidence

• It is a temporary measure

• It is unnecessary

• It is a risky decision

What is the primary goal of the takeover according to the Federal Council?

• To restore confidence in financial markets

• To expand international operations

• To increase market share

• To reduce competition