Bloomberg Daybreak: Asia Edition cover image

UBS to Buy Credit Suisse

Bloomberg Daybreak: Asia Edition

00:00

The Banking System Overall Is Quite Sound

Dennis Kogan: People were making the case that this is an interest rate issue being caught out. But I think now people are making the point that it leads to a credit crisis, he says. "The shrinking of credit availability can lead to credit problems," said Kogan.

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