Banks (UPS) and (Credit Suisse) are in talks to study the feasibility of a merger to establish one of the largest banks in the euro area, according to Bloomberg Agency sources.

p>

and he is discussing the merger plan, Axel Weber, UPS chief, with his counterpart at Credit Suisse banker Urs Rohner, amid expectations that the deal will be completed by next year.

This comes amid the outbreak of the Corona pandemic and its negative repercussions on the European banking system.

(Amazon fun knowledge)