UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

UBS acquiring Credit Suisse has major implications for markets and the US economy.

Mike Segar/Reuters

• UBS has agreed to acquire Credit Suisse for $3.2 billion, as the banking crisis rages on.
• The Swiss megadeal has implications for US banks, markets, the economy, and interest rates.
• Here's a closer look at what the UBS-Credit Suisse could mean for American investors.

UBS has agreed to acquire Credit Suisse for 3 billion Swiss francs ($3.2 billion). The...