The Swiss government is close to announcing a deal for UBS to buy Credit Suisse, its smaller rival, for about $1 billion.
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Swiss Authorities Say They Will Back Credit Suisse After Shares Plunge
The beleaguered Swiss lender tumbled on Wednesday, adding to concerns about the banking sector.
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Credit Suisse Shares Slide After Shareholder Rules Out More Support
The beleaguered Swiss lenders tumbled on Wednesday, adding to concerns about the banking sector.