Bankers: Don't panic!
Daily Mirror UK|March 21, 2023
Customers told their money is safe after Credit Suisse rescue
GRAHAM HISCOTT Head of Business
Bankers: Don't panic!

THE Bank of England has insisted savers' money is safe after another industry rescue.

Troubled Credit Suisse was bought by fellow Swiss group UBS in a rushed £2.7billion deal yesterday, after the recent collapse of two US lenders.

Authorities are trying to prevent problems spreading and a repeat of the financial meltdown of 2008.

This story is from the March 21, 2023 edition of Daily Mirror UK.

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This story is from the March 21, 2023 edition of Daily Mirror UK.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.