Market ‘not completely convinced’ this is over: UBS takeover of Credit Suisse

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

European Central Banks are reaffirming the rights of bondholders after Swiss authorities approved the UBS takeover of Credit Suisse.

The Australian government is hopeful the rescue plan will calm concerns at home and potentially see the end of rate rises brought forward.

The Motley Fool Chief Investment Officer Scott Phillips said it’s “only doing as much as it can probably do”. “The scarier question is, what would’ve happened had the central banks both in the US and in Europe done nothing,” Mr Phillips told Sky News Australia.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 7. in FR

France Dernières Nouvelles, France Actualités