Saudi Arabia Cuts Oil Supply & Bank Capital Requirements Could Rise By 20%
Bloomberg Daybreak: Europe Edition
00:00
UBS Completes Merger With Credit Suisse
Wall Street Journal reports that U.S. lenders could face a 20% increase in capital requirements. It would also be for banks with $100 billion in assets, which is actually a lower threshold than has existed previously. But then Russell whilst we have you, let me just turn our attention to the issue of UBS completing the merger with Credit Suisse. There's also an interesting news line that we've been reporting today about the date of when that happens.
Transcript
Play full episode
