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UBS agrees to buy Credit Suisse for more than bn to calm global markets
UBS agrees to buy Credit Suisse for more than $3bn to calm global markets,UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered…

UBS agrees to buy Credit Suisse for more than $3bn to calm global markets

UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered…