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
a weekend of fraught negotiations in switzerland, as the authorities there, its central bank and leaders of its two biggest banks tried to prevent another damaging financial crisis. late on sunday, it was announced the troubled bank credit suisse was being taken over by its rival ubs in a government backed rescue worth more than $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 by the us federal reserve. but not everyone s happy. credit suisse bondholders have lost $17 billion, shares in both banks have slumped, and there has been a sell off of banking shares across the markets today. 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 mea
i m bianca nobilo. everyone needs to be held accountable, everyone needs to be held to the same standard of the law. team trump apparently has information regarding trump s credibility. credit suisse in ways unrelated to the united states. we do know financial security has tlaebed that has become an already strong economic recovery. live from london, this is cnn newsroom with max foster and bianca nobilo. it s a monday, march the 20th. 8:00 a.m. here in london. 4:00 a.m. in new york where a grand jury is expected to indict former president donald trump any day now. the case is recommended to an alleged hush money payment made to adult film star stormy daniels. at least one more witness is expected to testify in the probe which could delay the indictment. attorney is expected to here from the legal attorney for michael cohen. and could testify to offer a rebuttal. every single thing that i have said so far has been, first of all, found to be accurate and tr
of course, they were a religious kind of souvenirs medals, you know, rosaries, these kinds of things. so what s it like taking tourists around here, then? well, it depends on the time of the of the year, really. it can be a very nice, peaceful time, you know? but i tend to like less and less working here in the middle of summer. because? why s that? because there s too many people. but it s beautiful, of course. a new governing body recently took over the running of mont saint michel with plans to improve the tourist experience. viking helmets, crossbows, the eiffel tower. you see? they re encouraging people to visit off season and steering them away from the souvenir stores towards more of the surrounding area. but accessibility is still a bit of a problem. it s so steep and so slippery that even this electric attachment is struggling to get up there. so my strategy is to get as much speed as possible up that hill, and as soon as i start slowing down a bit, i ll be like,