CNBC Daily Open: Investors Are Pricing in the Best of Both Worlds
Fears are subsiding and markets are rebounding. But it might be too premature to celebrate.
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Fears are subsiding and markets are rebounding. But it might be too premature to celebrate.
The Single Resolution Board’s Dominique Laboureix had a clear message for investors: we respect the hierarchy.
The Single Resolution Board's Dominique Laboureix had a clear message for investors: we respect the hierarchy.
The carnage on the financial markets is being mainly blamed on one particular aspect of the Credit Suisse merger deal
UBS's hurried takeover of its battered Swiss rival was meant to calm the financial markets, but investors don't seem impressed. Banking stocks and bonds are bleeding, with a risky class of debt under particular focus.