{"id":84204,"date":"2023-03-20T00:10:03","date_gmt":"2023-03-20T04:10:03","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84204"},"modified":"2023-03-19T23:46:03","modified_gmt":"2023-03-20T03:46:03","slug":"ubs-buys-credit-suisse-for-3-2-billion-as-regulators-look-to-shore-up-the-global-banking-system","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/ubs-buys-credit-suisse-for-3-2-billion-as-regulators-look-to-shore-up-the-global-banking-system.html","title":{"rendered":"UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/UBS\/\">UBS<\/a> agreed to buy its embattled rival <a href=\"https:\/\/www.cnbc.com\/quotes\/CS\/\">Credit Suisse<\/a> for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global banking system. \u201cWith the takeover of Credit Suisse by UBS, a solution has been found to secure financial stability and protect the Swiss economy in this exceptional situation.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/19\/ubs-agrees-to-buy-credit-suisse-as-regulators-look-to-shore-up-global-banking-system.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global banking system. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84204","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84204"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84204\/revisions"}],"predecessor-version":[{"id":84205,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84204\/revisions\/84205"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}