Surveillance Special: UBS to Buy Credit Suisse
Bloomberg Surveillance
00:00
A Brief Look at First Republic John Downgrade
SEMA Shah: People are moving deposits out of smaller and medium-sized banks into the larger banks. Mohammed Al Aryan: The deal between UPS and Credit Suisse for 3 billion Swiss francs is a great step in the right direction. Kati Lein: First Republic John has been downgraded again, but when in terms of its credit rating by S&P Global Ratings to B+, from double B+.
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Transcript
