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Weekend: Credit Suisse in rescue talks

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Credit Suisse in rescue talks

19/03/2023 GMT

BBC World Service - Weekend, Credit Suisse in rescue talks

Credit Suisse is in takeover talks with its rival, UBS

Talks are taking place between Credit Suisse and UBS which could see the troubled bank taken over by its larger rival. An emergency bailout of more than 50 billion US dollars by the Swiss government this week failed to prevent the slide in its share price. Could Credit Suisse be on the brink of collapse? 

Also on the programme: Monday marks 20 years since the invasion of Iraq by the US and its coalition allies. We look back on the last two decades with the International Crisis Group’s Lahib Higel; and a 67 million year-old Tyrannosaurus Rex skeleton goes up for auction in Switzerland. 

Joining Audrey Brown to discuss all this and more are journalist Joana Ramiro and Henry Chu, Deputy News Editor of the LA Times. 

(Image: Logos of Credit Suisse and UBS on buildings in Zurich Credit: MICHAEL BUHOLZER/EPA-EFE/REX/Shutterstock)

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