Credit Suisse takeover: 'People are recalibrating what they thought the risk was'
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Banking stocks have tumbled in
Banking stocks have tumbled in Europe this morning as investors digest the news of UBS' forced takeover of its struggling rival Credit Suisse.
The move has failed to ease market concerns about the impact on other banks. Speaking after the takeover was confirmed, UBS' Chairman tried to allay fears that it would destabilise his bank.
Economist Dr Mohamed El-Erian told Sky's Ian King what is driving bank share prices even further down.
Read more on the story here: https://news.sky.com/story/ubs-to-tak...
#creditsuisse #takeover #snb #europeanmarket #skynews
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The move has failed to ease market concerns about the impact on other banks. Speaking after the takeover was confirmed, UBS' Chairman tried to allay fears that it would destabilise his bank.
Economist Dr Mohamed El-Erian told Sky's Ian King what is driving bank share prices even further down.
Read more on the story here: https://news.sky.com/story/ubs-to-tak...
#creditsuisse #takeover #snb #europeanmarket #skynews
SUBSCRIBE to our YouTube channel for more videos: skynews
Follow us on Twitter: Twitter: skynews
Like us on Facebook: Facebook: skynews
Follow us on Instagram: Instagram: skynews
Follow us on TikTok: TikTok: skynews
For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-n...
Android https://play.google.com/store/apps/de...
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: @skynewsespanol
Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: @skynewsaufdeutsch6058
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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در تاریخ 1401/12/29 منتشر شده
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