questions that still need to be answered about this.- questions that still need to be answered about this. very briefly, will there be answered about this. very briefly, will there be job answered about this. very briefly, will there be job losses answered about this. very briefly, will there be job losses as - answered about this. very briefly, will there be job losses as a - answered about this. very briefly, i will there be job losses as a result of ubs taking over credit suisse? presumably there will be some doubling up or replication ofjobs, backroom jobs or whatever, so will there be somejob backroom jobs or whatever, so will there be some job losses? backroom jobs or whatever, so will there be somejob losses? i think there be somejob losses? i think there are around 11,000 employees in there are around 11,000 employees in the uk. , ., , there are around 11,000 employees in the uk. ,,, , there are around 11,000 employees in theuk. , , , the uk. globally these employers h
coronavirus pandemic and the war in ukraine, but interest rates have risen pretty quickly and you make such big moves like that it s not surprising that there are some cracks appearing in the financial system as we have seen with these us banks and as we have seen with credit suisse. that might end up with the us federal reserve and the bank of england, which are both making interest rate decisions this week having to take this into account because if banks are worried about losing money, and have seen some of these losses because for instance bondholders that credit suisse have been wiped out for some bonds as a result of this rescue package, then that means that the banks will be more averse to risk in terms of who they lend to. in the coming weeks and months they may think twice about loans to businesses or people seeking a mortgage because their appetite to risk might wane slightly because of what has happened here. thank you for that, jonathan what has happened here. thank you f