Swiss prosecutors have launched a probe into the UBS takeover of rival Credit Suisse. Switzerland's Federal Prosecutor is looking into possible breaches of criminal law. The takeover has proved highly unpopular in Switzerland, with a majority wanting UBS split up. Swiss prosecutors have launched a probe into the takeover of Credit Suisse by its arch rival UBS as scrutiny of the highly controversial acquisition intensified, according to a report. Switzerland's Federal Prosecutor told the Financial Times it was looking into potential breaches of Swiss criminal law by government officials, regulators and executives at the banks.

https://finance.yahoo.com/news/swiss-prosecutors-opened-investigation-takeover-151500749.html

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