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Swiss government to hold news conference on Credit Suisse after UBS takeover offer - reportsThe possible emergency rescue comes after the authorities raced over the weekend to secure the rescue of the 167-year-old bank, in a move hoped to contain the industry's biggest crisis since 2008 and avoid global market turmoil.
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Swiss banking giant UBS 'in talks to takeover troubled rival Credit Suisse'Swiss banking giant UBS is reportedly in advanced talks to buy all or part of crisis-hit lender Credit Suisse.
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Swiss govt to hold news conference after reports of UBS agreeing to buy Credit SuisseThe potential emergency rescue comes after authorities raced over the weekend to secure the future of the 167-year-old bank, which is among the world's largest wealth managers, in a move hoped to contain the industry's biggest crisis since 2008 and avoid global market turmoil.
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UBS to take over Credit Suisse, Swiss central bank confirmsUBS will take over Credit Suisse, Swiss authorities have confirmed.
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UBS to take over beleaguered rival Credit Suisse to prevent Swiss banking giant collapsingUBS will take over crisis-hit rival Credit Suisse in a government-backed emergency rescue deal aimed at securing financial stability, the Swiss central bank has said.
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UBS agrees to rescue troubled bank Credit SuisseSwiss banking giant UBS agrees emergency rescue deal for rival Credit Suisse in government-brokered takeover
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