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to $1 billion, although bloomberg reports that credit suisse sees that as vastly undervaluing the bank. 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's central bank, but that had not prevented a sharp fall in its share price. our business correspondent marc ashdownjoins me now. an urgency around these talks in switzerland to try and facilitate this takeover by ubs.— this takeover by ubs. yes, the ...

>> trump's legal team says the president is expected to turn himself in early next week according to district attorney alvin bragg's office. quote. we contacted mr. trump's attorney to coordinate his surrender to the manhattan's d.a. office on arraignment supreme court indictment remains under seal. guidance will be provided when the arraignment it date is selected. fact that the grand jury indictment remains under seal means we don't know the exact charges. bragg has been investigating trump for alleged payment made leading up to the 2016 lengsdz. that includes $130,000 to adult ...

you're live in the cnn newsroom. we're awaiting a news conference from the town of cleveland, texas, where the fbi has joined the manhunt for a man suspected of killing five of his neighbors. police say this 38-year-old opened fire on a family next door when they asked him to stop firing a rifle in his front yard because their baby was trying to sleep. five people are dead including an 8-year-old child. this latest gruesome attack unfolded about 40 miles northeast of houston. cnn's ryan young is following the latest developments. what do we know about this news conference coming up? ...

you are in the "cnn newsroom." i'm paula reid in washington. jim acosta is off. a major move today in an attempt to halt a global banking crisis. switzerland's largest banking group ubs just agreed to buy its rival credit suisse in an emergency rescue bid. the purchase is aimed at halting investor panic brought on by two sudden u.s. bank failures this month. the deal comes after shares of the ailing bank lost 25% over the last week. even an emergency loan from the swiss national bank failed to stop the fallout. cnn reporter anna stewart will join us in just a moment, and cnn global e...

. ♪. ♪. ♪. you were in the cnn newsroom paula read in washington, jim acosta is off. we begin with the latest emergency act aimed at a time global banking crisis, switzerland ubs is buying the rival credit suisse after the bank lost 25% of value the past week as major depositors fled in droves. even as an emergency loan from the swiss national bank failed to shore up confidence. that bank says the take-over of ubs should, quote, secure financial stability and protect the swiss economy. joining us is cnn economics and political commentator catherine, first i want to go cnn a...