UBS announces Credit Suisse buyout to calm markets, but Asian equities sink

[Article] La fusion UBS-Credit Suisse ne rassure pas les bourses asiatiques


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UBS announces Credit Suisse buyout to calm markets, but Asian equities sink.Bern (Switzerland) (AFP) - UBS is set to take over its troubled Swiss rival Credit Suisse for $3.25 billion following weekend crunch talks aimed at preventing a wider international banking crisis, but Asian equities sank Monday...
This article was published Monday, 20 March, 2023 by AFP
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UBS takes over Credit Suisse in move to calm the markets.jpg

Credit Suisse chairman Axel Lehmann (L) shakes hands with UBS chairman Colm Kelleher after a press conference announcing the takeover © AFP Fabrice COFFRINI


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