Full List Of Stories
UBS agrees to acquire Credit Suisse for $3.25bn
UBS agreed to acquire rival lender Credit Suisse for approximately $3. 25bn in an all-share transaction.
S&P cuts rating on First Republic Bank's debt again
S&P Global cut its long-term credit rating for First Republic Bank's debt for the second time in under a week.
Sunday newspaper round-up: Bank of England, Virgin Media O2, THG
Experts at Investec believe that the Bank of England will stand pat on rates when it meets this week due to financial stability concerns triggered by the collapse of Silicon Valley Bank and bailouts for Credit Suisse and First Republic Bank. "The degree of conviction in this view is necessarily small when inflation is still in double-digits but stability concerns have suddenly surged," they said. Inflation data out on Wednesday on the other hand was expected to decline to just below 10%, posing a dilemma for Bank.