Morgan Stanley, JPMorgan Advise on UBS Deal for Credit Suisse

Morgan Stanley and JPMorgan Chase & Co. advised UBS Group AG on its historic takeover of battered crosstown rival Credit Suisse Group AG in a government-brokered deal aimed at containing a financial crisis.

Credit Suisse worked with Centerview Partners, according to people familiar with the matter, who asked not to be identified because advisory roles weren’t yet public. The firms worked through the weekend to seal a deal before the markets opened on Monday.

The Swiss bank is paying more than $3 billion for its rival, according to a statement Sunday. It will be an all share deal and ...