Senior Swiss lawmaker says UBS, Credit Suisse merger is an enormous risk | Forexlive

Headlines like these won’t help to soothe markets but so far, UBS has been adamant that they can be able to swallow the risks and the size of Credit Suisse without issues. The CDS market today clearly shows a transfer of these risks as Credit Suisse credit swaps have declined considerably while that of UBS’ have increased instead.