Swiss Banking Crisis: Should We Be Concerned? – March 20th, 2023

There are worries that Swiss bank UBS’s decision to carry out an emergency $3.2 billion takeover of Credit Suisse Group won’t calm markets and this has also added to fears for the stability of banking systems. Shares in Credit Suisse dropped 62 per cent in pre-market trading. Jerry speaks to Professor Brian Lucey of Trinity College Dublin’s Business School.