Central banks take swift action to keep cash flowing amid investor fears Six central banks move to keep credit flowing worldwide after two big institutions collapsed. Source
UK banking system ‘safe’ after Credit Suisse rescue Despite the swift action by regulators, stock markets in the UK and Asia fell. Source
Credit Suisse bank: UBS is in talks to take over its troubled rival Emergency talks are underway in Zurich as regulators seek a deal for Credit Suisse before Monday. Source