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UBS agrees to buy rival Credit Suisse

Name: UBS agrees to buy rival Credit Suisse
Uploaded: 2023-03-19T18:49:48-0400
Duration: 20 s
Description: Swiss banking giant UBS has agreed to buy rival Credit Suisse for $3 billion. The deal, brokered by the Swiss government, is aimed at staving off fears of a broader banking collapse.

Swiss banking giant UBS has agreed to buy rival Credit Suisse for $3 billion. The deal, brokered by the Swiss government, is aimed at staving off fears of a broader banking collapse.