Credit Suisse, a major international investment bank, was acquired by its rival UBS at a remarkably low price of $3.2 billion, despite having assets under management of over $1.5 trillion. This acquisition was facilitated by the Swiss government, which had to package a set of equity gifts to convince UBS to take over. The headquarters of both banks are located in a square in Zurich, where they have been rivaling each other for centuries.