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UBS closing in on deal to take over struggling Credit Suisse bank: report

Por: Fox Business Business March 19, 2023

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Former Federal Reserve Governor Robert Heller, Solus Alternative Asset Management strategist Dan Greenhaus and Zaye Capital Markets CIO Naeem Aslam discuss the Fed's rate hike trajectory as Credit Suisse instability threatens global markets. The investment banking company UBS is reportedly nearing a deal to take over its rival Credit Suisse in an effort to stop the imperiled financial institution from complete collapse. The Wall Street... + full article



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