A deal to end the crisis of confidence that had started to spread across global financial markets - UBS Group has agreed to buy rival Credit Suisse in a historic, government-brokered deal. What does this mean now, and how are markets reacting? On Money in the Market, Hongbin Jeong speaks to Chanyaporn Chanjaroen, Asia Finance reporter at Bloomberg in Singapore to find out more about this latest development and how much the US Fed will weigh the recent turmoil in the banking sector on its next monetary policy move.

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