Home World News Latin America US Welcomes Swiss Action to Support Financial Stability Says Treasury Secretary Yellen

US Welcomes Swiss Action to Support Financial Stability Says Treasury Secretary Yellen

US Welcomes Swiss Action to Support Financial Stability Says Treasury Secretary Yellen

WASHINGTON (Sputnik) – The United States has welcomed the decision of Switzerland’s largest bank, UBS, to acquire Swiss-based global investment bank Credit Suisse, US Treasury Secretary Janet Yellen said in a joint statement with Federal Reserve Board Chair Jerome Powell.

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