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Extreme surgery: Swiss government and UBS take over Credt Suisse

Summary by Merco Press
The Swiss National Bank said at a press conference in Bern on Sunday evening that UBS would be taking over embattled lender Credit Suisse. The deal will see UBS acquire Credit Suisse for 3 billion Swiss francs (US$ 3.23 billion).

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Merco Press broke the news in Caracas, Venezuela, Bolivarian Republic of on Monday, March 20, 2023.
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