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  • Reportedly UBS agreed to acquire Credit Suisse for ~CHF2B; Swiss National Bank (SNB) has offered ~$100B liquidity line to UBS as part of any deal

    $CSGN.CH *Reportedly UBS agreed to acquire Credit Suisse for ~CHF2B; Swiss National Bank (SNB) has offered ~$100B liquidity line to UBS as part of any deal for Credit Suisse - press (Credit Suisse Group AG)
    (More at https://t.co/POY7QOYzdF)

    — TradeTheNews.com (@Trade_The_News) March 19, 2023
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    Credit Suisse’s Riskiest Bonds Jump Amid Optimism Over UBS Talks

    From bnnbloomberg.ca|Mar 19, 2023|1 comment

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    •   Newer Stories
    UBS agrees to buy Credit Suisse as regulators look to shore up the global banking system

    From cnbc.com|Mar 19, 2023

    UBS agreed to buy its embattled rival Credit Suisse with Swiss regulators playing a key part in the deal as governments looked to stem a contagion threatening the global banking ...

    Joint Statement by the Department of the Treasury and Federal Reserve

    From home.treasury.gov|Mar 19, 2023|9 comments

    The following statement was released by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell: “We welcome the announcements by the Swiss ...

    Statement by Christine Lagarde, President of the European Central Bank, on the announcement on 19...

    From ecb.europa.eu|Mar 19, 2023

    “I welcome the swift action and the decisions taken by the Swiss authorities. They are instrumental for restoring orderly market conditions and ensuring financial stability. The ...

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  • Story Stats
  • Posted: Mar 19, 2023 1:13pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 0  /  Views: 1,744
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