Banking Troubles

Recently, Switzerland pushed together the takeover of Credit Suisse by UBS. It was a strategic maneuver to protect the reputation of the Swiss Banking community.

One of the other major European Banks is Deutsche Bank, the largest commercial bank in Germany.

The attached illustration of the price relationship between these two will be helpful to those seeking a decision on whether to purchase one or the other. At the present time, neither is very attractive, but on a relative basis, UBS is stronger. UBS is portrayed in green and DB in red. Prices are as of the close of Friday, March 24, 2023.