Financial Times said shareholders would get 0.50 Swiss francs (US$0.54) per share, with the deal to be done on Sunday before the markets open in Asia. Source link
Read More »UBS seeks US$6 billion in government guarantees for Credit Suisse takeover
The US$6 billion in government guarantees UBS is seeking would cover the cost of winding down parts of Credit Suisse and potential litigation charges, sources said. Source link
Read More »Foreign investors react as Fed’s ‘renewed hawkish’ stance hits emerging markets
China and others could see lower levels of investment inflows in the near future, global finance body says, as the market turns “more cautious” because of aggressive moves by the US and EU central banks. Source link
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