Credit Suisse, one of Switzerland's largest banks, has been swallowed up by its rival UBS for £1bn.
The shotgun merger happened less than a week after the UK financial authorities saved the British arm of Silicon Valley which had collapsed in the US. These troubles either side of the Atlantic have spooked investors - and the concern now is that other banks could follow.
On the Sky News Daily, Sally Lockwood speak to economics and data editor Ed Conway about what this means for investors, and whether we are teetering on the edge of another banking crisis.
#dailypodcast #economy #finance #banking #creditsuisse #edconway
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The shotgun merger happened less than a week after the UK financial authorities saved the British arm of Silicon Valley which had collapsed in the US. These troubles either side of the Atlantic have spooked investors - and the concern now is that other banks could follow.
On the Sky News Daily, Sally Lockwood speak to economics and data editor Ed Conway about what this means for investors, and whether we are teetering on the edge of another banking crisis.
#dailypodcast #economy #finance #banking #creditsuisse #edconway
Read more here: https://news.sky.com/topic/banks-5880
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps:
Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: https://www.youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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