Live news: Treat Credit Suisse as a competitor until deal is signed, UBS boss tells employees

Markets: European investors will be on the lookout for the disruptions caused by UBS’s state-sponsored takeover of Credit Suisse. Asian stocks fell on Monday, with big banks like HSBC hit hard after the deal added an additional 17 billion in Tier 1 debt from Credit Suisse , the German Dax and the French Cac.

Russia: Chinese President Xi Jinping meets his Russian counterpart Vladimir Putin during a three-day state visit to Moscow.

EU: The bloc’s Foreign Affairs Council meets in Brussels to discuss support for Ukraine and views on Tunisia.

Data: Eurostat publishes January trade balance data for the euro zone. The Federal Statistical Office publishes the producer price index for February, a measure of inflation. The British real estate group Rightmove publishes its house price index.

British workers: More than 70,000 university employees are resigning on salaries, pensions and working conditions. Public servants from the Maritime and Coastguard Agency, Ofsted and the Driver and Vehicle Standards Agency are also said to be on strike.