Your morning briefing. The news you need in just 15 minutes.
On today's podcast:
(1) Troubled lender Credit Suisse is sold to rival UBS for $3.2 billion.
(2) Swiss banking tie-up expected to lead to thousands of job cuts.
(3) A wipe-out of risky Credit Suisse bonds upends a $275 billion market.
(4) Federal Reserve leads a move by global central banks to boost dollar liquidity.