Asia markets mostly fall after UBS agrees to $3.2 billion takeover of Credit Suisse.
for $3.2 billion. Swiss regulators played a key role in facilitating the deal in efforts to quell a contagion threatening the banking sector.
Under the deal, Credit Suisse shareholders receive will 1 UBS share for every 22.48 Credit Suisse shares they hold. The combined bank will have $5 trillion of invested assets, according to UBS.Fed's interest rate decision could be impacted by what happens over coming days, WSJ economics correspondent says
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia markets set to fall as UBS agrees to $3.2 billion takeover of Credit SuisseAsian markets trade lower as investors assess UBS' $3.2 billion purchase of Credit Suisse
Read more »
Credit Suisse meets to weigh options, under pressure to merge with UBSCredit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank as regulators urged it to pursue a deal with Swiss rival UBS AG .
Read more »
UBS in talks to buy troubled Credit Suisse, FT reportsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
UBS in talks to acquire Credit Suisse -FT By Reuters*UBS IN TALKS TO TAKE OVER ALL OR PART OF CREDIT SUISSE AS SHARE PRICES FALL $UBS $CS 🇨🇭🇨🇭
Read more »
Credit Suisse under pressure to merge with UBSCredit Suisse Group AG began a make-or-break weekend after some rivals grew cautious in their dealings with the bank and regulators urged it to pursue a deal with Swiss rival UBS AG .
Read more »
UBS seeks Swiss backstop in any Credit Suisse deal - Bloomberg NewsUBS Group AG is asking the Swiss government for a backstop if it were to buy Credit Suisse Group AG , Bloomberg News reported on Saturday.
Read more »