UBS Imposes Stringent Regulations for Credit Suisse Bankers to Mitigate Takeover Risks – FirstFT
UBS has established a list of nearly 20 “red lines” that prohibit Credit Suisse bankers from engaging in a range of activities as the firm prepares to take over its struggling competitor, potentially as soon as today. The restrictions, developed by UBS’s compliance department, are designed to minimize risk from the transaction orchestrated three months …