Surveillance Special: UBS to Buy Credit Suisse
Bloomberg Surveillance
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Credit Suisse and UBS to Buy Credit Suisse for 3 Billion Swiss Francs
UBS agrees to buy Credit Suisse for 3 billion Swiss francs. BSM offering a 100 billion franc liquidity assistant to UBS controversial part of this. What happens with some of the riskier debt? The government is granted a 9 billion franc guarantee for potential losses from assets UBS has taken over. And we'll talk about that through the whole of the week ahead of us.
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Transcript
