Get the app
Help
Download the app
Anghami Plus
Browse content
Moods and genres
Podcasts
OSN Plus
Mar 2023
3m 56s
UBS buys rival Credit Suisse; Putin visi...
The Economist
Play for free
About this episode
Following a weekend of fraught negotiations UBS, a bank, bought Credit Suisse, its troubled rival, in a SFr3bn ($3.25bn) deal brokered by the Swiss government.
Hosted on Acast. See
acast.com/privacy
for more information.
Up next
Yesterday
Nvidia’s value hits $4trn; South Korea’s ex-president re-arrested, and more
Nvidia became the first company to reach a market capitalisation of more than $4trn.
3m 50s
Jul 1
Trump’s budget vote-a-rama; America to lift Syria sanctions, and more
As debate time ended for Donald Trump’s “One Big Beautiful Bill”, the president’s tax-cutting package moved to a special session known as vote-a-rama.
3m 48s
Jun 30
Russia’s massive air attack on Ukraine; Senate advances Trump’s budget bill, and more
The head of the United Nations’ nuclear watchdog said that Iran could start producing enriched uranium again “in a matter of months”.
3m 6s
Recommended Episodes
Mar 2023
What’s Next for UBS After Rescue of Credit Suisse
A.M. Edition for March 21. Swiss lender UBS has one fewer rival and more clients among the world's wealthy after its whirlwind rescue of Credit Suisse. But it's also left holding Credit Suisse's legal baggage and bearing the weight of being an even more systemically important fin ...
Show More
17m 59s
Mar 2023
Inside UBS’s takeover of Credit Suisse
After the collapse of Silicon Valley Bank, markets were anxious, and the prestigious, yet scandal-ridden Credit Suisse looked as if it could be next to fall. But over the span of a single weekend, the Swiss government and Credit Suisse’s crosstown rival, UBS, raced against the cl ...
Show More
24m 43s
Mar 2023
UBS agrees to buy Credit Suisse
UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators, leading central banks have taken fresh measures to improve global access to dollar liquidity, and the Biden administration is under pressure to call for an expansion ...
Show More
10m 3s
Mar 2023
3:19 PM ET: UBS to buy Credit Suisse
UBS is buying Credit Suisse in bid to halt banking crisis. Listen for more details.To learn more about how CNN protects listener privacy, visit cnn.com/privacy
41s
Mar 2023
Markets Digest UBS, Credit Suisse Deal
A.M. Edition for March 20. Investors are assessing the risk of contagion after Swiss authorities last night orchestrated a deal for UBS to take over beleaguered bank Credit Suisse for more than $3 billion. The deal has been welcomed by regulators, but it may not be enough to assu ...
Show More
18m 3s
Mar 2023
MM105: What just happened to Credit Suisse and should you be worried?
In this episode, we focus on the Swiss firm Credit Suisse after their shares fell over 30% on Wednesday this week. In fact, the headline of the Daily Telegraph, a major news publication in the UK read, "Swiss bank crash stokes fears of a new global crisis as UK officials scrambl ...
Show More
42m 2s
Aug 2023
UPDATE: UK Growth Surprise & UBS Exits Backstop Deal
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The UK economy delivers its strongest quarterly growth in more than a year. (2) UBS ends its $10bn Credit Suisse loss protection agreement with the Swiss government. (3) US inflation dat ...
Show More
18m 56s
Mar 2023
Money Talks: Discredit Suisse
Few would have predicted that the demise of Silicon Valley Bank, a niche Californian lender, would be followed by the failure of Credit Suisse. But on March 19 the banking crisis reached Zurich, where regulators brokered a fire sale that saw the ailing 167-year-old bank sold to r ...
Show More
46m 18s
Mar 2023
Money Talks: Discredit Suisse
Few would have predicted that the demise of Silicon Valley Bank, a niche Californian lender, would be followed by the failure of Credit Suisse. But on March 19 the banking crisis reached Zurich, where regulators brokered a fire sale that saw the ailing 167-year-old bank sold to r ...
Show More
46m 18s
Mar 2023
4:00 PM ET: Embattled Credit Suisse promised support
Switzerland’s central bank says it is ready to provide support to Credit Suisse. Listen for more details.To learn more about how CNN protects listener privacy, visit cnn.com/privacy
35s