What’s Next for UBS After Rescue of Credit Suisse
Update: 2023-03-21
Description
A.M. Edition for March 21. Swiss lender UBS has one fewer rival and more clients among the world's wealthy after its whirlwind rescue of Credit Suisse. But it's also left holding Credit Suisse's legal baggage and bearing the weight of being an even more systemically important financial institution. Journal reporter Margot Patrick outlines the challenges and opportunities that could await UBS. Plus, WSJ editor Alex Frangos explains what investors are watching as the Fed kicks off a two-day policy meeting. Luke Vargas hosts.
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