As early investor optimism about efforts to stem a banking crisis quickly evaporated, shares of Credit Suisse, UBS fell. Banking stocks and bonds plummeted on Monday after UBS Group sealed a state-backed takeover of troubled peer Credit Suisse Group AG, a deal that was orchestrated in an attempt to»»»

NNA - Futures and Asian stocks fought to stablise though banks remained under pressure on Monday as a rescue deal for Credit Suisse and a concerted effort by central banks to restore confidence eased immediate fears of contagion. European futures rose 0.5% and S&P 500 futures rose 0.4% in bumpy tra»»»

March 20 (Reuters) - Banking stocks and bonds plummeted on Monday after UBS Group sealed a state-backed takeover of troubled peer Credit Suisse Group AG, a deal that was orchestrated in an attempt to restore confidence in a battered sector. In a package engineered by Swiss regulators on Sunday, UBS»»»