How UBS’s acquisition of Credit Suisse is impacting bank shares

NBC News published this video item, entitled “How UBS’s acquisition of Credit Suisse is impacting bank shares” – below is their description.

In an effort to stabilize the financial world, Swiss banking giant UBS bought its struggling rival Credit Suisse, but the acquisition could shake up the financial markets in a major way. NBC News’ Brian Cheung has the details. 

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About This Source - NBC News

NBC News is the news division of the American broadcast television network NBC.

NBC News aired the first, regularly scheduled news program in American broadcast television history on February 21, 1940.

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Credit Suisse Group AG is a global wealth manager, investment bank and financial services firm founded and based in Switzerland.

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The National Broadcasting Company is an American English-language commercial broadcast television and radio network which is the flagship property of and owned by Comcast. The network is headquartered at 30 Rockefeller Plaza in New York City, with additional major offices near Los Angeles, and Chicago.

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