Breaking: UBS finalized a deal to buy rival Credit Suisse, the first takeover of a globally important bank since the 2008 financial crisis
Under the deal being discussed, UBS would only keep parts of Credit Suisse’s investment bank that fill gaps either geographically or in certain product areas where UBS lacks a presence.
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UBS agrees to buy Credit Suisse as regulators look to shore up the global banking systemCredit Suisse had already been battling a string of losses and scandals, and the last two weeks sentiment was rocked again.
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UBS seeks Swiss backstop in any Credit Suisse deal - Bloomberg NewsUBS Group AG is asking the Swiss government for a backstop if it were to buy Credit Suisse Group AG , Bloomberg News reported on Saturday.
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Credit Suisse weighs survival options as regulators push UBS deal By Reuters*CREDIT SUISSE MEETS TO WEIGH OPTIONS, UNDER PRESSURE TO MERGE WITH UBS $CS $UBS
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UBS, regulators race to seal Credit Suisse deal as soon as Saturday - FTThe Swiss National Bank and Swiss regulator FINMA have told their international counterparts they regard a deal with UBS Group as the only way to prevent a collapse in confidence in Credit Suisse Group , the Financial Times reported on Saturday.
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UBS, regulators race to seal Credit Suisse deal as soon as Saturday, Financial Times reportsThe Swiss National Bank and Swiss regulator FINMA have told their international counterparts they regard a deal with UBS Group as the only way to prevent a collapse in confidence in Credit Suisse Group , the Financial Times reported on Saturday.
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UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal – Bitcoin NewsPeople familiar with the matter say UBS wants the Swiss government to safeguard the deal if it acquires CreditSuisse. Banks BailOuts
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