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Credit Suisse's collapse will prompt deep soul-searching for neobanks.
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UBS acquiring Credit Suisse has major implications for markets and the US economy.
Tech Insider

Good morning. I'm senior editor, Max Adams, standing in for Phil Rosen. 

It's official: UBS will take over Credit Suisse in a historic deal

The Swiss National Bank made the announcement Sunday, saying that with the takeover, "a solution has been found to secure financial stability and protect the Swiss economy in this exceptional situation."

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UBS acquiring Credit Suisse is 'no bailout' says Swiss finance minister — but top economist Mohamed El-Erian disagrees
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Credit Suisse's stock is plunging as investors fear a banking crisis.
Tech Insider

Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider Today: Sunday Edition, a roundup of some of our top stories. 

Tech Insider : Economy, Technology
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