First Republic Bank's Troubles Deepen as S&P Cuts Rating Again.

Credit Suisse will merge with UBS, with the former's troubled investment bank potentially being hived off into a zombie bank run down over time by Swiss regulators. Meanwhile, Warren Buffett has reportedly been in talks with senior officials in the Biden administration regarding the banking crisis, potentially poised to strike with a lucrative offer for a struggling bank. Investors are left with two questions: whether to add risk to their portfolios, and whether to buy big bank stocks like Bank of America and JP Morgan, which are seeing an influx of deposits and have cheaper valuations.