Earlier:
Powell & Yellen: US bank capital, liquidity positions robust , financial system resilient
ECB's Lagarde issues support statement on UBS - CS deal also
The guts of the shotgun wedding deal:
UBS agreed to buy rival Swiss bank CreditSuisse
- for US$3.23 billion
- agreed to assume up to US$5.4 billion in losses
FX benefiting, a guide to current spot FX in VERY early Asia trade:
