Bank Woes Shake Global Markets Amidst Communication Concerns.

Traders and money managers across the world were on high alert over the weekend as the finance world braced for the next, and perhaps, final act of Credit Suisse Group AG’s stunning and spectacular fall from grace. Except for over-the-counter trades in bonds, there was little for most traders to actually do with markets closed, as Swiss officials and UBS AG raced to put together a deal for all or parts of Credit Suisse on Saturday. Yet a quiet sense of dread over “what comes next” for the broader banking industry — and the global economy — once markets reopen Monday was palpable nonetheless.