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Latest on global markets and banking crisis: Live updates

8:24 a.m. ET, March 24, 2023 UBS-Credit Suisse will be huge, and not risk-free From CNN's Hanna Ziady The headquarters of UBS and Credit Suisse are just yards apart in Zurich. The last-minute rescue of Credit Suisse on Sunday may have prevented the banking crisis from exploding, but it's a raw deal for Switzerland, and isn't risk free. The tie-up with its larger rival, UBS, offered the best chance of restoring stability in the banking sector, and protecting the Swiss economy in the near term. But it leaves Switzerland exposed...
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