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

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