UBS to buy Credit Suisse in historic deal to end crisis: Report

In what is being described as the "merger of the century", UBS Group on Sunday agreed to buy Credit Suisse Group for $2 billion in a historic, government-brokered deal.The deal, aimed at containing a crisis of confidence that threatened to spread across global financial markets, came after a hectic day of negotiations between the two lenders.

from Times of India https://ift.tt/UwiLku6
IM-Knowledge

My name is Imran Mohammad Khan, and I enjoy blogging and talking about my ideas and experiences with other people. I'm a passionate writer and I like to produce stuff that aids in people's growth and learning. I'm constantly seeking for fresh ways to communicate with others and express myself. I really think that Knowledge is Power and work to impart it to everyone around me. I enjoy learning new things in the fields of Science and Space.

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