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Credit Suisse: Bank rescue damages Switzerland's reputation for stabilityBeset by scandals and crisis, many people are questioning how a totemic bank ended up beyond repair.
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Credit Suisse fails to rule out redundancies but tells staff their bonuses are safeCredit Suisse, which employs roughly 5,000 people in London, has moved to reassure its workers on the short-term outlook for their jobs after the troubled bank's future was taken out of its hands.
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Banking Giant UBS Is Acquiring Smaller Rival Credit SuisseThe deal caps a highly volatile week for Credit Suisse, most notably on Wednesday when its shares plunged to a record low after its largest investor, the Saudi National Bank, said it wouldn’t invest any more money into the bank
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UBS agrees $3.25bn rescue deal for rival Credit Suisse\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
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Future of Credit Suisse hangs in the balance amid UBS takeover talksAuthorities 'are trying to avoid for this to infect the rest of the banking system.” Financial Times' Katie Martin tells cathynewman that there’s a state of fear in banks but they are “much better beasts” than they were in the 2008 financial recession.
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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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