10 things before the opening bell

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."

Hello, my friend! Dave Smith here, doing my best Phil Rosen impression. I'm a deputy editor at Insider who helps oversee our newsletters, but I've worn plenty of hats around here. Previously, I was an audio-news host, tech editor, senior correspondent, and tour guide for CES.