The effects of the takeover of the faltering major Swiss bank Credit Suisse by its competitor UBS are spreading far and wide. The risk of a recession has increased. Will the interest rate hikes soon be coming to an end?
![The Credit Suisse takeover and its possible consequences The Credit Suisse takeover and its possible consequences](https://blog.en.erste-am.com/wp-content/uploads/2023/03/20230318_PD1036.HR_-scaled-1-370x210.jpg)
The effects of the takeover of the faltering major Swiss bank Credit Suisse by its competitor UBS are spreading far and wide. The risk of a recession has increased. Will the interest rate hikes soon be coming to an end?