Its stock on its lowest, albeit is making an uptick, as European markets crawl to a close.
A 700 billion net worth, with its shares plunging by 30%.
A 700 billion net worth, with its shares plunging by 30%.
Credit Suisse on a wobble
- Thread starter πππππππ
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Not surprised because Credit Suisse had been on the decline. Some other bank might acquire it
These bank issues are getting a little concerning.
UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
The $3.2 billion rescue deal came after a weekend of crunch talks, with the chairman of UBS describing it as "absolutely essential to ... global finance."
I just knew it! But I didn't think their competitor will buy them on a discount
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