UK and US shares climb as banks and ministers aim to calm Credit Suisse fears

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UK and US shares climb as banks and ministers aim to calm Credit Suisse fears - short news

FTSE 100 rises and European banking shares are up after early jitters over what UBS takeover deal means for bondholders

Nils Pratley: Swiss solve one problem at Credit Suisse, but create another for bondholdersComment: Bonds were seen as a safe haven – but they are central to this bank crisis

Stocks climbed on Monday in London and New York after central bankers and politicians sought to soothe jitters triggered by the emergency rescue of Credit Suisse during the..

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source: The Guardian - 20.03.2023