Forwarded from UK Neil
Aligning with what Just Human and Burning Bright were discussing on last night's Defected. UBS buying out Credit Suisse will not stop what has already been started in this avalanche that seems to be heading towards swampy globalist banks.
'Markets wobbled the morning after UBS said it would take over Credit Suisse in a deal arranged by Swiss regulators. In the United States, First Republic Bank remained under stress.'
https://www.nytimes.com/2023/03/20/business/markets-today.html
'Markets wobbled the morning after UBS said it would take over Credit Suisse in a deal arranged by Swiss regulators. In the United States, First Republic Bank remained under stress.'
https://www.nytimes.com/2023/03/20/business/markets-today.html
NY Times
Banks Remain in Focus as Investors Eye Fallout From Rescue Deals
Markets wobbled as fears about the health of some banks, particularly First Republic, continued to cast a shadow over parts of the financial sector.