Refinitiv Newscasts - UBS agrees to buy Credit Suisse in shotgun merger

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19/03/2023 22:19

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_9mhn258x&referenceId=tag:reuters.com,2023:newsml_RW857619032023RP1_K15&pageId=RefinitivNewscasts
Source: Thomson Reuters

Description: UBS will buy rival Swiss bank Credit Suisse for $3.23 billion and
assume up to $5.4 billion in losses, in a shotgun merger engineered by Swiss
authorities that won applause from other central bankers keen to avoid further
market-shaking turmoil. Tamara Lindstrom produced this report.
Short Link: https://refini.tv/3YZeNwk

Video Transcript:

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