UBS Nears Deal to Take Over Credit Suisse
The deal could come together Sunday, the people said. Regulators have offered to waive a requirement for customary shareholder votes to expedite the sale, one of the people said. Credit Suisse took a more-than-$50 billion Swiss National Bank liquidity lifeline this week after concerns deepened about its prospects. The action didn’t do enough to stop the slide in Credit Suisse’s shares or stem the loss of bank deposits, compelling the central bank and Switzerland’s top financial regulator to orchestrate talks with Credit…