Yes, UBS officially became the sole successor to Credit Suisse's
swaps, including 5-year swaps. A panel ruled that UBS would take on the contracts and responsibilities, which involved a complex
process of transferring legacy derivatives from the Credit Suisse entity to UBS.
Yes, UBS officially became the sole successor to Credit Suisse's
swaps, including 5-year swaps. A panel ruled that UBS would take on the contracts and responsibilities, which involved a complex
process of transferring legacy derivatives from the Credit Suisse entity to UBS.