Credit Suisse Collapses, Swiss government assists UBS in takeover
finiche.substack.com
-- FLASH MARKET UPDATE Moments ago the Swiss government announced that Credit Suisse is being forcibly taken over by UBS for a mere $2 billion with the assistance of the Swiss government. This is yet another example of what might be a “contagion” spreading throughout the banking system, and the financial sector as a whole. Time will tell.
Credit Suisse Collapses, Swiss government assists UBS in takeover
Credit Suisse Collapses, Swiss government…
Credit Suisse Collapses, Swiss government assists UBS in takeover
-- FLASH MARKET UPDATE Moments ago the Swiss government announced that Credit Suisse is being forcibly taken over by UBS for a mere $2 billion with the assistance of the Swiss government. This is yet another example of what might be a “contagion” spreading throughout the banking system, and the financial sector as a whole. Time will tell.