UBS In Historic Credit Suisse Takeover To End Crisis Of Confidence

UBS In Historic Credit Suisse Takeover To End Crisis Of Confidence

Your morning briefing. The news you need in just 15 minutes.

On today's podcast:

(1) Troubled lender Credit Suisse is sold to rival UBS for $3.2 billion.

(2) Swiss banking tie-up expected to lead to thousands of job cuts.

(3) A wipe-out of risky Credit Suisse bonds upends a $275 billion market.

(4) Federal Reserve leads a move by global central banks to boost dollar liquidity.

See omnystudio.com/listener for privacy information.

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