IN DEPTH: UBS Shares Slump After Credit Suisse Takeover

 

Your morning briefing. The news you need to start your day.
On today's special edition podcast:

(1) UBS shares take a hit on news of the government-backed Credit Suisse takeover.

(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) The Federal Reserve and global central banks move to boost dollar funding.