Surveillance Special: UBS to Buy Credit Suisse

UBS agreed to buy Credit Suisse in a historic, government-brokered deal aimed at containing a crisis of confidence that had started to spread across global financial markets. Bloomberg Surveillance broke the news and got analysis from: Mohamed El-Erian, Bloomberg Opinion columnist Joost Beaumont, head of bank research at ABN Amro Bank Peter Tchir, head of macro strategy at Academy Securities Bob Michele, chief investment officer of fixed income at J.P. Morgan Asset Management Mark Naur, a strategist at Danske Bank Seema Shah, Principal Asset Management chief global strategist Greg Peters, PGIM Fixed Income co-chief investment officer Steve Pagliuca, Bain Capital Private Equity senior advisor Hosted by Jonathan Ferro and Lisa Abramowicz See omnystudio.com/listener for privacy information.