About this episode
UBS agreed to buy Credit Suisse for $3.25bn after a frantic weekend of negotiations brokered by Swiss regulators, leading central banks have taken fresh measures to improve global access to dollar liquidity, and the Biden administration is under pressure to call for an expansion of the federal guarantee on bank deposits. Plus, the FT’s Andrew Edgecliffe-Johnson explains what lessons start-ups are taking away from the collapse of Silicon Valley Bank. Mentioned in this podcast: UBS agrees to buy Credit Suisse for more than $3bn White House pressed to expand deposit guarantee to steady banks Central banks announce dollar liquidity measures to ease banking crisis Start-ups learn the hard way how to manage cash after SVB’s collapse Sign up for the FT’s Due Diligence newsletter: https://www.ft.com/due-diligence Download the FT Edit app here: ft.com/ftedit Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.