{"id":6,"date":"2023-03-20T07:51:59","date_gmt":"2023-03-20T07:51:59","guid":{"rendered":"https:\/\/viraldak.com\/?p=6"},"modified":"2023-03-20T07:58:27","modified_gmt":"2023-03-20T07:58:27","slug":"ubs-agrees-emergency-rescue-of-credit-suisse","status":"publish","type":"post","link":"https:\/\/viraldak.com\/index.php\/2023\/03\/20\/ubs-agrees-emergency-rescue-of-credit-suisse\/","title":{"rendered":"UBS agrees &#8217;emergency rescue&#8217; of Credit Suisse"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"976\" height=\"549\" src=\"https:\/\/viraldak.com\/wp-content\/uploads\/2023\/03\/ImgUSB.webp\" alt=\"\" class=\"wp-image-10\" srcset=\"https:\/\/viraldak.com\/wp-content\/uploads\/2023\/03\/ImgUSB.webp 976w, https:\/\/viraldak.com\/wp-content\/uploads\/2023\/03\/ImgUSB-300x169.webp 300w, https:\/\/viraldak.com\/wp-content\/uploads\/2023\/03\/ImgUSB-768x432.webp 768w\" sizes=\"auto, (max-width: 976px) 100vw, 976px\" \/><\/figure>\n\n\n\n<p><strong>Troubled bank Credit Suisse has been rescued by its Swiss rival UBS in a government-backed deal.<\/strong><\/p>\n\n\n\n<p>Sunday&#8217;s announcement came after a weekend of emergency talks in Switzerland between the two banks and the country&#8217;s financial regulators.<\/p>\n\n\n\n<p>The Swiss National Bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy.<\/p>\n\n\n\n<p>Credit Suisse said it was not expecting &#8220;any disruption to client services&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Troubled bank Credit Suisse has been rescued by its Swiss rival UBS in a government-backed deal. Sunday&#8217;s announcement<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-6","post","type-post","status-publish","format-standard","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/posts\/6","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/comments?post=6"}],"version-history":[{"count":2,"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/posts\/6\/revisions"}],"predecessor-version":[{"id":11,"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/posts\/6\/revisions\/11"}],"wp:attachment":[{"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/media?parent=6"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/categories?post=6"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/viraldak.com\/index.php\/wp-json\/wp\/v2\/tags?post=6"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}