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...
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