Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
New to Comunitee?

or Sign Up with Email


>> UBS AG Latest News

MAR 25, 2013 - TheStreet

A Must Read - Share

Stocks Near Record Highs on Cyprus Bailout

NEW YORK (TheStreet) -- Major U.S. stock markets are advancing Monday after Cyprus reached an 11th hour bailout deal with international creditors easing fears the Mediterranean island-nation would suffer a financial collapse. "The immediate consequence of this bailout agreement is that the European Central Bank can continue to provide liquidity to the Cypriot banking system beyond Monday night's deadline, and that is reassuring," Gareth Berry, a currency strategist at UBS AG in Singapore, said in a note. The Cypriot government in negotiations with the International Monetary Fund, the ... Read More

Tags: Stocks Near Record Highs on Cyprus Bailout,  Ubs Ag Latest News