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
-
Gov. JB Pritzker says he’ll defend Illinois from Donald Trump’s plans and tamps down a White House run.
Gov. JB Pritzker pledged Illinois is ready to withstand any retribution on issues such as immigration... -
Investigation continues into death of man found near Schaumburg pond
Police investigating the death of a 61-year-old man whose body was discovered Wednesday near Life Time... -
Man charged with stabbing another in road rage incident
A man accused of stabbing another man in a road-rage incident Tuesday in Addison has been...