BBCNEWS World Business Report July 6, 2024
after bloomberg reported they are among the banks under scrutiny in a us department ofjustice probe into whether financial professionals helped russian oligarchs evade sanctions. shares of ubs and credit suisse fell more than 6%. and secondly deutsche bank slumped more than 13%, after a sharpjump in the cost of insuring against the risk of default after concerns about what happened to credit suisse. so what is happening to an already beseiged banking sector? hopefully, russ mould, an investment director at aj bell, can help us make sense of it. ross, what is happening? i think ubs an...
Source: archive.org