The asset value erosion at Silicon Valley Bank (SVB) triggered a spate of withdrawals from uninsured depositors, which in turn created a bank run and eventual collapse of the 16th largest bank in the US.
Credit Suisse shareholders will get 1 UBS share for every 22.48 Credit Suisse shares under the deal. The merger will be completed by the end of the year.
If he is indicted his arrest will be formally registered and he would be released. However, it will be the first time ever a former president is slapped with criminal charges.
Ana Basaldua Ruiz, 20, was found dead at the Fort Hood Military Base days after she told her mother a superior officer was targeting her with repeated sexual advances on base.