Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost $3.25 billion in a deal orchestrated by regulators to try to stave off further turmoil in the global banking system.
Related posts
-
Highland Park shooting victim’s family sues Smith & Wesson
The attorneys who won a $73 million settlement against gun maker Remington for nine families affected... -
Shifting church policies toward same-sex couples lead to internal conflicts, defections and an apology
An attempt at a "moment of God's grace" after the Pope’s controversial decision to allow same-sex... -
After beating Brewers, Cubs have no complaints with Steele’s anger
Justin Steele expressed regrets, but no one was blaming him for an angry outburst in the...