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Sunday, May 28, 2023

Tag: crisis-hit


UBS agrees to buy crisis-hit Credit Suisse for $3.2 billion in historic deal

Swiss regulators have been forced to step in and orchestrate a deal to prevent a crisis of confidence in Credit Suisse spilling over into the broader financial system. The deal is expected to close by the end of 2023. New Delhi,UPDATED: Mar 20, 2023 02:27 IST It is a Swiss government-tailored agreement. (Image: AP/File) By


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