Credit Suisse failure shows perils of obsession with size over risk assessment, says Uday Kotak

Uday Kotak said the sale of Credit Suisse was a signal to all bankers and stakeholders of what plays out when the risk-return matrix is overtaken by an obsession with size. The comments came hours after the UBS Group AG agreed to acquire the crisis-hit Credit Suisse Group AG in for over $2 billion in a historic government-brokered deal.
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20 hours ago

Mercedes-Benz expects India to be its fastest growing market this year too - The Economic Times

UBS seeks backstop from Swiss Govt in Any Credit Suisse Deal UBS Group AG and Swiss officials are racing to put together a deal for the firm to take over battered rival Credit Suisse Group AG.
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