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credit suisse
The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich.

Fabrice Coffrini/AFP/Getty Images)

  • UBS announced a $3.25 billion takeover deal of the beleaguered Credit Suisse on Sunday. 
  • The move builds on a spreading banking crisis, which has already seen the implosions of Silicon Valley Bank and Signature Bank. 
  • Investors are now keeping their eyes peeled as to what this means for the Federal Reserve's next interest-rate decision. 

March has been a tumultuous month for financial markets, and it's not over yet. 

The most anticipated event of the month is almost here – the Federal Reserve's monetary policy decision. On Wednesday, Chair Jerome Powell is expected to announce the central bank's next interest-rate move, following a 25-basis-point increase in February and 50-basis-points hike before that to cool inflation. 

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Markets, MI Exclusive, Stocks, Credit Suisse, Credit Suisse stock, ubs, Mohamed El-Erian, Mohamed El-Erian inflation, fed inflation, fed interest rates, Interest Rates, Global Banking, Banking, Banking Crisis, us banking crisis, SVB, Signature Bank, Silvergate Capital
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UBS's takeover of Credit Suisse has investors divided over the Fed's next move…