Central Banks in Tight Spot: Expert

Malcolm Hudson
By Malcolm Hudson
March 20, 2023NTD UK News

Swiss bank UBS is buying its former rival Credit Suisse in an emergency takeover. The collapse of Credit Suisse and recent turmoil in the banking sector has left the market on edge, fearing a repeat of the 2008 financial crash. NTD spoke to a financial consultant who says central banks want to get ahead of the curve to prevent a catastrophe.