UBS rescue of Credit Suisse sends shudder through markets
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Swiss bank rescue eases market fears — as it happened
UBS, Switzerland’s biggest bank, has agreed to rescue its compatriot Credit Suisse, the country’s authorities announced last night in a deal scrambled together before financial markets opened today.The SwFr3 billion (£2.7 billion) takeover comes with a SwFr100 billion lifeline in the form of liquidi
·London, United Kingdom
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Leaning Left4Leaning Right2Center4Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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