UBS names S Korea, India, others as 'slow' on Credit Suisse nod

UBS has identified at least four countries, including South Korea and India, as being "slow" to grant the regulatory approvals needed to complete its takeover of Credit Suisse, Reuters cited an internal document. UBS also highlighted Ireland and Saudi Arabia as "slow jurisdictions" in granting licences, according to the previously unreported document which was circulated to UBS staff globally.