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Federal Reserve and Global Central Banks Act to Shore Up Dollar Access

Banking and Financial Institutions Credit Suisse Group AG Federal Reserve System Inflation (Economics) UBS AG United States Economy

Federal Reserve and Global Central Banks Act to Shore Up Dollar Access

America’s central bank and its counterparts around the world are rushing to cushion markets against the impact of bank problems.

By Jeanna Smialek

UBS Nears Deal to Buy Credit Suisse

Banking and Financial Institutions Credit Suisse Group AG Saudi National Bank Silicon Valley Bank Swiss Financial Market Supervisory Authority Swiss National Bank Switzerland UBS AG

UBS Nears Deal to Buy Credit Suisse

The Swiss government is close to announcing a deal for UBS to buy Credit Suisse, its smaller rival, for about $1 billion.

By Andrew Ross Sorkin Michael J. de la Merced and Maureen Farre