Asian stocks sink after Credit Suisse takeover

Asian stocks sink after Credit Suisse takeover

Upworthy

Published

Asian stock markets fell Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal Reserve meeting to decide on more possible interest rate hikes. Swiss authorities on Sunday announced UBS would acquire its smaller rival…

#federalreserve #ubs #stepheninnes #spiassetmanagement #hangseng #hongkong #tokyo #seoul #sydney #690000

Full Article