Bloomberg Daybreak: Asia Edition cover image

UBS to Buy Credit Suisse

Bloomberg Daybreak: Asia Edition

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Pensions and Endowments

Pensions and endowments were probably doing the same thing as SVB. Is it inevitable that they have to mark those things down and lose a lot of money? Or are we just thinking, well, they'll hold it to till maturity? I think that's going to depend on each pension andendowments' financial situation. It's not quite like the trust is associated with a bank.

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