Your Daily Brief For March 21st

Your Daily Brief For March 21st

9 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at the dramatic government-brokered deal between UBS and Credit Suisse.

"The Swiss government put together a package of sweeteners to persuade UBS to rescue its biggest rival, but the global banking sector is still reeling."

Key takeaways:

  • UBS rode to the rescue of Credit Suisse, but bondholders have been left red-faced
  • Bitcoin's been riding high as investors are pulled in by its anti-bank identity


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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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