let s now get down to business and the drama that let s now get down to business and the drama that has let s now get down to business and the drama that has been unfolding over the weekend in switzerland is dominating once again. they ve had fraught negotiations as the authorities, the central bank and leaders of two of its biggest banks tried to reach a deal to prevent another damaging financial crisis. late on sunday it was announced. the troubled bank credit suisse has been taken over by its rival ubs in a government backed rescue worth over $3.1 billion. that s less than half the value of credit suisse at the close of trade on friday. the deal s been widely welcomed, including by the bank of england, the european central bank and in the us. switzerland s central bank wanted to prioritise financial stability and protect the swiss economy. here s the chief executive of ubs. translation: it means we bring back stability translation: it means we bring back stability and
with ministers making sure it goes right to the top of the agenda, whistleblowing, especially as we look at the fight against economic crimes, problems in our hospitals, stopping the child abuse we have been played with and have seen around the world.- seen around the world. thank ou for seen around the world. thank you for getting seen around the world. thank you for getting up seen around the world. thank you for getting up so - seen around the world. thank you for getting up so early - seen around the world. thank| you for getting up so early and being on the programme. let remind you of financial markets in asia. we cannot show you numbers right now but the main market injapan is down by 1.15%. i willjust look at hong kong, down to .8%. that is a sentiment across the board. in europe we are waiting for markets to open in two hours and five minutes. 2.8%. 0nline we have analysis of the