Earlier :
Powell & Yellen: US banking capital, strong liquidity positions, resilient financial system
ECB’s Lagarde also issues statement of support for UBS – CS deal
The bowels of the marriage agreement:
UBS has agreed to buy rival Swiss bank CreditSuisse
- for $3.23 billion
- agreed to assume up to $5.4 billion in losses
FX benefiting, a guide to current spot exchange rates VERY early Asian trading:
This article was written by Eamonn Sheridan at www.forexlive.com.
cnbctv18-forexlive
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