UBS In Historic Credit Suisse Takeover To End Crisis Of Confidence
Bloomberg Daybreak: Europe Edition
00:00
Credit Suisse, UBS and UBS - What's the Big Deal?
A week ago, the CEO of Credit Suisse Ulrich Kurna talked about there having been client inflows on Monday. By Wednesday, it had already been a pretty wild ride. Biggest shareholders had ruled out providing more financial assistance. The Swiss National Bank then step in on Thursday with that 50 billion lifeline.
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