UBS in talks to acquire Credit Suisse amidst bank's struggles.
UBS is reportedly in discussions to buy all or parts of Credit Suisse, with the goal of arriving at a solution by Monday. Swiss regulators are helping the talks to boost confidence in the country's banking sector. Credit Suisse's American depositary receipts skyrocketed over 7% in the extended session Friday, after ending the regular trading day down 7%. Shares trading in Zurich had their worst week since the 2008 financial crisis.