Oh that is interesting development.
Need to monitor the development if it catches on.A CDS at 150bp is not the end of the world.
cant make this up.... Well strike while the iron is hot comes to mind.UBS Outlook Downgraded by Moody’s After Credit Suisse Acquisition
UBS Outlook Downgraded After Credit Suisse Acquisition
The bank was bounced to negative from stable on concerns about the cost of integrating its compatriot.www.barrons.com
Totally true, if they would go that way we will have a new worldwide crisis. Anyway, maybe it is knocking on the door and it was planned by the 1% to be the next big thing.If UBS goes "bankrupt" you will have more serious problems to worry about, like idk, checking if you have enough food in your bunker or smth.