Switzerland Credit Suisse UBS

Five to twelve “fuenf vor zwoelf” is written on a clock next to a logo of the Swiss bank Credit Suisse, in Zurich, Switzerland, Monday, March 20, 2023. Shares of Credit Suisse plunged 60.5% on Monday after banking giant UBS said it would buy its troubled Swiss rival for almost $3.25 billion in a deal orchestrated by regulators to try to stave off further turmoil in the global banking system. (Ennio Leanza/Keystone via AP)