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UBS-Credit Suisse: Shotgun wedding aims to forestall contagion

This is a messy, ugly transaction that nobody really wants — but it’s also necessary

©The Financial Times Limited 2020 Mar 20, 2023 / 11:23 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
Logos of Swiss banks UBS and Credit Suisse seen on an office building in Zurich, Switzerland March 19, 2023. (Image Source: REUTERS/Denis Balibouse)
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