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UBS reports Credit Suisse buyout, stocks plunge on opening

Al Mayadeen English   Source: Agencies    2023-03-20 08:48    0 Shares
5 min read

Despite announcing that UBS, Switzerland's biggest bank, agreed to acquire global investment bank Credit Suisse, UBS and Credit Suisse shares as markets opened.

A sign displays the name of Credit Suisse on the floor at the New York Stock Exchange in New York, Wednesday, March 15, 2023. (AP)
A sign displays the name of Credit Suisse on the floor at the New York Stock Exchange in New York, Wednesday, March 15, 2023. (AP)
Banking sectorAsian sharesbanking crisisUBSCredit Suisse
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