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UBS takes over CS Keller-Sutter: Best possible solution

The future of Credit Suisse has been decided: the big bank UBS will take over its competitor. In order to reduce any risks for UBS when buying CS, the federal government has given the big bank a guarantee of CHF 9 billion . The SNB is supporting the takeover with a loan totaling up to CHF 100 billion . Finance Minister Karin Keller-Sutter : "It's the best possible solution." However, t...Continue Reading

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