BBCNEWS BBC News July 6, 2024
we'll have a special report. hello, very warm welcome to the programme. the financial times is reporting that ubs — switzerland's biggest bank — has agreed to buy credit suisse for more than two billion dollars. there's been no confirmation yet of whether the offer has been accepted. it's thought an earlier offer of $1 billion was considered too low. the swiss banking giant had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america's silicon valley bank. it had been offered an emergency credit facility of more than $50 billion by switzerland...