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Asia

Will UBS move stave off panic? Economy reporter weighs in

CNN

www.cnn.com › videos › business › 2023 › 03 › 19 › ubs-buys-credit-suisse-bank-acostanr-vpx.cnn

New York Times Federal Reserve and economy reporter Jeanna Smialek says that UBS buying its rival Credit Suisse in an attempt to the ease fallout resulting from the failure of two American banks should be a comfort for markets in Asia and Europe.