<p>Earlier:</p><p class="article-slot__title title prime"><a href="https://www.forexlive.com/centralbank/powell-yellen-us-bank-capital-liquidity-positions-robust-financial-system-resilient-20230319/" rel="observe" goal="_self" class="article-link">Powell & Yellen: US financial institution capital, liquidity positions strong , monetary system resilient</a></p><p class="article-slot__title title prime"><a href="https://www.forexlive.com/centralbank/ecbs-lagarde-issues-support-statement-on-ubs-cs-deal-also-20230319/" rel="observe" goal="_self" class="article-link">ECB's Lagarde points help assertion on UBS – CS deal additionally</a></p><p>The heart of the shotgun wedding ceremony deal:</p><p>UBS agreed to purchase rival Swiss financial institution CreditSuisse</p><ul><li> for US$3.23 billion</li><li>agreed to imagine as much as US$5.4 billion in losses</li></ul><p>FX benefiting, a information to present spot FX in VERY early Asia commerce:</p>
This text was written by Eamonn Sheridan at www.forexlive.com.
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