UBS to take over Credit Suisse, Swiss central bank confirms

Summary by Sky News UK

UBS will take over Credit Suisse, the Swiss central bank has confirmed.The takeover deal comes after the 167-year-old bank was brought to the brink of financial calamity last week despite securing a $54bn (£44bn) credit line from Switzerland's central bank.

Published 2 months ago · New York, United States

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News18 India

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The Hindu

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The Independent

Live views from Zurich as Swiss bank Credit Suisse taken over by rival UBS

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CBC News

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