Get access to our best features
Get access to our best features
Published 1 year ago

UBS's takeover of Credit Suisse failed to reassure markets

Summary by Ground News
UBS shares plunged 62% during pre-market trading today (Mar. 20), and its rival-turned-rescuer saw shares dip over 7%. The Swiss Federal Council is issuing an emergency ordinance (Notverordnung) The merger will be implemented without the otherwise necessary shareholder approval from both banks.

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • 60% of the sources lean Right
60% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)