European markets close lower; UBS replaces Credit Suisse protection measures with bubble wrap, shares up 4.7%
European markets close lower; UBS replaces Credit Suisse protection measures with bubble wrap, shares up 4.7% "European markets close lower; UBS replaces Credit Suisse protection measures with bubble wrap, shares up 4.7%" In a stunning turn of events, European markets closed lower today after UBS, the Swiss multinational investment bank, made a radical move that left investors scratching their heads. UBS decided to replace their protection measures with bubble wrap, causing their shares to soar by 4.7%. This unprecedented strategy has sparked both confusion and excitement among traders worldwide. The decision to use bubble wrap as a form of protection has been hailed as ingenious by some and ridiculed as outright insane by others. UBS CEO, John Doe, defended the move, stating, "In these uncertain times, we wanted to think outside the box and provide our investors with a sense of security, quite literally. Bubble wrap offers unparalleled protection against market volatili...