UBS to take over Credit Suisse, central banks act on liquidity
Published
LONDON/NEW YORK (Reuters) -UBS sealed a deal to buy rival Swiss bank Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss authorities said on Sunday. Meanwhile, global central banks said they would open daily dollar taps to their banks. Here are comments from…
#usd #fdic #ubs #federalreserve #qe #swisscentralbank #gfc #ubscs #switzerland #federalcouncil