Kai Ryssdal
RT @business
BREAKING: UBS agreed to buy Credit Suisse in a historic, government-brokered deal https://trib.al/iYdgQuw
UBS to Buy Credit Suisse in $3.3 Billion Deal to End Crisis

UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that had started to spread across global financial markets.

Bloomberg
Mar 19, 2023 at 5:17pmWeb
Show threadleemeadeMar 19, 2023
@kairyssdal @business
Ok. Bankers bailing out bankers.
Show threadzeruchMar 19, 2023
@kairyssdal @[email protected] so now is it even "too much bigger" to fail? Because it just makes me like the Icelandic model of letting banks fail and jailing their C-Suites more with each passing day.