Credit Suisse, UBS shares sink after last minute takeover
Shortpedia
Content Team
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Global stock markets plunged as they opened to the news of the shotgun buyout of Credit Suisse by rival UBS. Swiss authorities had hoped the takeover will calm investors.Stock markets remained jittery on Monday as they opened following the announcement of the takeover of embattled Swiss lender Credit Suisse on Sunday by UBS and Swiss National Bank.
