Location:
London, , England
Post Date:
Mar 20, 2023 12:57 PM
TAG ID:
upiphotostwo916209
(RM)
Credit:
HUGO PHILPOTT/UPI/Newscom
Format:
4000 x 3539 Color JPEG
Photographer:
HUGO PHILPOTT
Keywords:
UBS, Credit Suisse, Banking, Crisis
Release Status:
No Model Release, No Property Release
Caption:
Members of the public walk past Swiss Bank UBS in the City of London's banking district on Monday, March 20, 2023. Credit Suisse banking group was bought last night by Swiss bank UBS for $ 3.25 billion. The move by UBS will hopefully calm the global financial markets but will likely wipe out Credit Suisse shareholders. Photo by Hugo Philpott/UPI