It's far from clear what this buy/bailout does to "end" the crisis. Was the crisis caused by Credit Suisse being too small? > The plan, negotiated in hastily a

It's far from clear what this buy/bailout does to "end" the crisis. Was the crisis caused by Credit Suisse being too small? > The plan, negotiated in hastily arranged crisis talks over the weekend, seeks to address a massive rout in Credit Suisse stock and bonds over the past week following the collapse of smaller US lenders. A liquidity backstop by the Swiss central bank failed to end a market drama that threatened to send clients or counterparties fleeing, with potential ramifications for the broader industry. This makes more sense. It's an attempt to manipulate world financial markets. But if the deal doesn't address the root cause, the same situation will repeat soon enough. There's also this from a different article: > The deal caps a highly volatile week for Credit Suisse, most notably on Wednesday when its shares plunged to a record low after its largest investor, the Saudi National Bank, said it wouldn’t invest any more money into the bank to avoid tripping regulations that would kick in if its stake rose about 10%. https://www.krqe.com/news/business/swiss-to-hold-news-conference-amid-credit-suisse-troubles/ https://www.krqe.com/news/business/swiss-to-hold-news-confer... So maybe there's something to be gained by making UBS/CS bigger. It allows investment by other private parties that would have otherwise triggered onerous provisions.