Credit Suisse customers feel mix of anger, relief after sale to UBS

Fury at top Credit Suisse managers. Lament over damage to Switzerland's image as a stable, reliable banking centre.

Relief that authorities stepped in to help protect deposits, but worry about keeping cash invested in a bank that failed to manage its own money adequately.

On Swiss streets, emotions were running the gamut among Credit Suisse customers after the government this weekend orchestrated a takeover of the country's second-largest bank by rival UBS a bid to prevent further upheaval in the global financial system that began with the collapse of two U.S. banks.

How the merger, with a fire-sale price of 3 billion Swiss francs ($3.25 billion), will play out and its impact on worldwide finance are largely unknown.

That has left those stuck in the middle customers and bank workers uncertain about what comes next in the deal to create one Swiss megabank.

My money is already invested in two or three banking establishments, customer Elisabeth Pictet said after exiting the bigges