Day Zero: The Bloomberg Open, Europe Edition
UBS offices next to Credit Suisse’s headquarters in Zurich. Regulators and senior officials at the banks are working through the weekend to strike a deal.
Photographer: Francesca Volpi/BloombergThis article is for subscribers only.
Good morning. Here’s another Sunday bonus issue to get you caught up on the banking chaos.
A quick resolution. That’s the goal for Swiss officials and UBS execs who have been holed up in talks all weekend. UBS is said to have put aside its initial opposition to a deal and is exploring potential structures.