Credit Suisse-UBS deal offers hope, but bank doubts persist

Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price. But European bank stocks and the wider market gained as investors watch whether moves to shore up banks will stem further upheaval in the global financial system.
Source: ctv business
Credit Suisse-UBS deal offers hope, but bank doubts persist