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UBS to buy Credit Suisse in effort to shore up banking system


UBS to buy Credit Suisse in effort to shore up banking system

New York Community Bank has agreed to buy a major portion of Signature Bank while UBS is acquiring its rival Credit Suisse in an emergency rescue deal. NBC’s Brian Cheung breaks down the takeaways for customers who have money in these banks.

#newyorkcommunitybank #signaturebank #ubs #briancheung