CNN CNN Newsroom With Jim Acosta July 6, 2024
an emergency rescue. the move is aimed the mat halti investors panic. turmoil swept the global banking industry. now credit suisse lost 25% of its shares despite a $50 billion l loan. gina, will this ubs move to halt the panic, will this work? >> good question. it certainly should help to secure some amount of comfort in at least europe about whether we were going to see an orderly resolution to credit suisse. i think this was hanging over markets. there's a lot of rush to get this done before asian markets opened. the fact they've successfully done that i think should inject some am...
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