Cryptopolitan
2023-03-20 11:23:53

UBS sees shares plummeting after Credit Suisse bailout

UBS saw its shares plummet on Monday after its recent rescue of Credit Suisse raised concerns among investors about the long-term benefits of the deal. UBS agreed to buy Credit Suisse for 3 billion Swiss francs ($3.23 billion) and absorb up to $5.4 billion in losses, with the backing of Swiss authorities. The bank’s shares … UBS sees shares plummeting after Credit Suisse bailout Read More »

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