UBS to buy Credit Suisse in deal to end crisis
The Swiss bank is reportedly paying more than $2 billion for its rival in an all-share deal priced at a fraction of Credit Suisse's close on Friday.
UBS Group agreed to buy Credit Suisse Group in a historic, government-brokered deal aimed at containing a crisis of confidence that threatened to spread across global financial markets.
The Swiss bank is paying more than $2 billion for its rival, according to people with knowledge of the ma
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