europe

Credit Suisse, UBS, First Republic, New York Community, PacWest, and More Movers

by
Credit Suisse, UBS, First Republic, New York Community, PacWest, and More Movers

American depositary receipts of Swiss bank Credit Suisse (ticker: CS) plunged more than 47% to about 83 cents after larger rival UBS (UBS) agreed to buy Credit Suisse in a deal valued at about $3.2 billion. The merger of Switzerland’s two largest banks—engineered over the weekend by Swiss authorities—comes against a backdrop of industry turmoil. U.S.-listed shares … Read more

A UK program will sequence the genomes of 100,000 newborn babies

by
A UK program will sequence the genomes of 100,000 newborn babies

CNN  —  The UK is set to begin sequencing the genomes of 100,000 newborn babies later this year. It will be the largest study of its kind, mapping the babies’ complete set of genetic instructions, with potentially profound implications for child medicine. The £105 million ($126 million) Newborn Genomes Programme will screen for around 200 … Read more