Questions and Answers about
Credit Suisse
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in HistoryWho was known as King Alfred I?
Answer: Alfred Escher helped build Switzerland’s railways and founded Credit Suisse. He was affectionately known as King Alfred I. In 2023, UBS saved Credit Suisse in a deal worth 3 billion Swiss francs ($3.25 billion). As much as the rescue would “secure financial stability and protect the Swiss economy,” it centers additional risks on one…
