UBS Buys Credit Suisse For $3.2 Bln - What's Next?
UBS will absorb Credit Suisse in a $3.24 billion all stock deal to prevent the it from failing.
At the same time, Credit Suisse says $17 billion AT1 debt worthless, angering bondholders
How do you view UBS's acquisition of CS?
Is it a fair deal or too cheap/expensive?
How do you view $17 billion AT1 debt becomes worthless?