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Transcripts for BBCNEWS BBC News 20240604 11:10:00

the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe has dropped sharply. credit suisse was bought by rival swiss bank ubs in a deal brokered by the swiss government over the weekend. here s the chief executive of ubs explaining the rationale behind the deal: translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to us. we are building a big ubs with less risk appetite. lets speak to our business reporterjonathanjosephs.

Transcripts for CNN CNN This Morning 20240604 11:21:00

there are all manner of tunnels and back entrances. he will have his mug shot and be finger printed. anyone arrested gets finger printed and a mug shot. if this does happen. at the same time, next month, there s a civil lawsuit. this is not a criminal case. but downtown, e. jean carol alleged donald trump raped her in a manhattan department store. trump denied it, called her a liar. she has sued him for defamation. lewis kaplan, a tough judge, a smart judge, that will be interesting. happens next month. we will be covering it. thank you, elie honig, we appreciate it. meantime, an emergency takeover of a huge bank this weekend. how it happened, what it means, how it will impact markets around the world. that is all ahead. rapid wrinkle repairĀ® smooths the look off

Transcripts for BBCNEWS BBC News 20240604 09:36:00

a couple of tennis lines to bring you. emma raducanu has been drawn against fellow former us open champion bianca andreescu in the first round of the miami open, which will take place tomorrow. meanwhile rafael nadal has just exited the top ten for the first time since april 2005. the 36 year old has not played since injuring his left leg at the australian open, but is hoping to return on the clay of monte carlo next month. and that s all the sport for now. let s return to the huge fall in share value of the bank credit suisse its stock fell by more than 60% after markets opened today. this is the first day of trading after switzerland s biggest bank, ubs, agreed to an emergency takeover of credit suisse. the value of banking shares across europe have dropped sharply including ubs, which fell by more than 14%.

Transcripts for BBCNEWS BBC News 20240604 14:30:15

Transcripts for BBCNEWS BBC News 20240604 14:30:15
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

Transcripts for BBCNEWS World Business Report 20240604 14:30:15

Transcripts for BBCNEWS World Business Report 20240604 14:30:15
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

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