Logos of Swiss banks Credit Suisse and UBS are seen before a news conference in Zurich Switzerland, Aug 30, 2023. REUTERS/Denis Balibouse/File photo ZURICH – UBS is trying to attract customers with above-market rates on deposits, according to people familiar with the bank's activities, as it seeks to boost inflows after taking over stricken peer Credit Suisse. Clients who deposit their cash at Credit Suisse, now a unit of UBS, earn around 1.8 percent on upwards of 50,000 Swiss francs ($54,000) held for three months, according to one of the people, who asked to remain anonymous because the matter is private.

https://business.inquirer.net/424788/ubs-pays-bumper-rates-on-deposits-to-repair-credit-suisse-outflows-sources

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