Central banks race to calm markets after USB takes over Credit Suisse | DW News

Central Banks and regulators raced to reassure markets and customers Monday, after one of the world's largest banks exited the global stage in a forced takeover. The details of the 3.2 billion dollar deal for USB and Credit Suisse rattled some investors. But regulators have sought to make one thing clear: The focus is on depositors and the health of the overall banking system.

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#Banks #BankFailure #BankCrisis