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Transcripts For BBCNEWS BBC News 20240706

that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. credit suisse has seen its value plummet over the last week due to fears about the company s financial health. regulators in switzerland had spent the day trying to pave the way for a deal to be struck before the financial markets open tomorrow. here s the swiss president alain berset speaking at a press conference a short time ago. on friday, the liquidity showed that it was no longer possible to restore the necessary confidence, and the swift and stabilising solution was absolutely necessary. this solution is the takeover of credit suisse by ubs. it is supported by the federal council following several meetings with the swiss national bank, with a regulator, credit suisse and by ubs. the federal council has every confidence that in this difficult situation, the takeover of credit suisse ubs is to restore the confidenc ....

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Transcripts For BBCNEWS BBC News 20240706

hello and welcome to bbc world news. the government of switzerland says that the country s biggest bank, ubs, has taken over its troubled rival credit suisse in an emergency measure designed to protect the swiss economy. fears about the possible collapse of credit suisse sparked falls in stock markets around the world over recent days, and raised fears of another global financial crisis. the rescue deal follows a weekend of emergency talks between the two banks, after credit swiss saw its value plummet over the past week. the swiss national bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy. our geneva correspondent imogen foulkes explains the significance of this merger on the global stage. it s early days. but i don t think it s going to be easy. ubs is the bigger of the two, but both of them are already huge. if you lookjust in switzerland, both of them have at least one branch, more in a big city lik ....

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Transcripts For CNN CNN Newsroom Live 20240706

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Transcripts For BBCNEWS BBC News 20240706

hello and welcome. the former chief executive of scottish national party peter murrell has been released without charge by the police, pending further investigation into party finances. mr murrell, the husband of former first minister nicola sturgeon, was arrested on wednesday morning. a police search resumed on thursday morning at the couple s glasgow home. our scotland correspondent james shaw has more details on the investigations that is being conducted at the glasgow house of peter murrell. as you can see, the scene behind me is a big police evidence tent obscuring the front of peter murrell and nicola sturgeon s house. inside the tent is a police van, and over the course of yesterday and it appears also this morning, police officers have been coming and going, bringing material out of the house and putting it into the van. so clearly, this is a live investigation at the moment. it is continuing, even though peter murrell himself was released by the police without ....

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Transcripts For FOXNEWS FOX Friends First 20240706

human smuggling into the country, one day after lawmakers held first site hearing at the actual border. fox news exclusively capturing this video of the group touring rio grand valley last night. you re watching fox and friends first, i m todd piro. ashley: i m ashley strohmier, in for carley shimkus. hoping to force administration to pay attention to what is upon haing. it is important we convene in texas to share light on brutal and unsustainable conditions this president s administration has caused at the border. my hope is for an honest conversation in america at the border tonight with each of you. the u.s.-mexico border is close to 2000 miles long, how many pounds of fentanyl are coming through the ports of entry? we need to secure the border. ashley: todd, who else better to lead this site tour than brandon judd. you can turn on fox news channel nearly any time of day and see brandon on there. he is fired up because what we re seeing at the border is ....

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