UBS is in talks to take over all or part of Credit Suisse, sources tell the Financial Times

cnbc.com/2023/03/17/ubs-is-in-talks-to-take-over-all-or-part-of-credit-suisse-sources-tell-the-financial-times.html

The global banking sector has been under increasing pressure in the wake of Silicon Valley Bank's failure last week. Since that event, crypto-focused Signature Bank was also closed by regulators and regional bank shares have lost millions in market cap. Among the stocks suffering the biggest losses is First Republic Bank , which tanked nearly 33% on Friday. First Republic's…

This story appeared on cnbc.com, 2023-03-17.
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