SYDNEY : Asian policymakers on Monday moved to calm investor nerves after announcements of a historic Swiss-backed takeover of troubled Credit Suisse and a coordinated move by major central banks to avert a banking crisis.
That move came as UBS Group AG agreed to pay 3 billion Swiss francs for 167-year-old Credit Suisse Group AG and assume up to $5.4 billion in losses. Swiss regulators orchestrated the deal. Reserve Bank of Australia Assistant Governor Christopher Kent said additional stringent liquidity and capital requirements had made the global banking system stronger than it had been a decade ago.
倒閉造成160億瑞士法郎化為烏有
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