“New York Stocks Make Recovery as Calming Effect of Bank Emergency Takeover Sets In at Close on March 20, 2023”
NEW YORK (dpa-AFX) – The emergency takeover of the major Swiss bank Credit Suisse (CS) by its competitor UBS also triggered relief among investors on the US stock exchanges on Monday. Wall Street and Nasdaq stock exchanges largely recouped Friday’s losses. An agreement between six leading central banks, including the US Federal Reserve and the … Read more