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Bloomberg Daybreak: Europe Edition

IN DEPTH: UBS Shares Slump After Credit Suisse Takeover

16 min • 20 mars 2023

Your morning briefing. The news you need to start your day.
On today's special edition podcast:

(1) UBS shares take a hit on news of the government-backed Credit Suisse takeover.

(2) Swiss banking tie-up expected to lead to thousands of job cuts.

(3) A wipe-out of risky Credit Suisse bonds upends a $275 billion market.

(4) The Federal Reserve and global central banks move to boost dollar funding. 

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