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domestic American politics

UBS buys Credit Suisse to end the banking crisis

March 19, 2023 by olamm

London CNN — Switzerland’s largest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency bailout deal to defuse financial market panic sparked by the failure of two US banks earlier this month. “UBS today announced the acquisition of Credit Suisse,” the Swiss National Bank said in a statement. It said … Read more

Categories business Tags America, bank failures, banking, banking institutions, businesses, central banks, company, continents and regions, credit suisse group, domestic American politics, domestic warnings, domestic-international news, economic circumstances, economic crisis, economy and economic indicators, economy and trade, Europe, finance and investment, financial markets and investing, government agencies and offices, government and public administration, Home Affairs, iab affairs, iab business and finance, iab corporate banking and finance, iab economy, iab financial crisis, iab financial sector, iab industries, iab politics, international American politics, international Business, international warnings, investment banking, lending and lending, North America, public finances, public finances and treasuries, public services and authorities, Switzerland, ubs ag, United States, Western Europe Leave a comment
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