CNN CNN Newsroom With Jim Acosta July 6, 2024
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...
Source: archive.org
