In what is being described as the "merger of the century", UBS Group on Sunday agreed to buy Credit Suisse Group for $2 billion in a historic, government-brokered deal.The deal, aimed at containing a crisis of confidence that threatened to spread across global financial markets, came after a hectic day of negotiations between the two lenders.
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Sunday, March 19, 2023
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UBS to buy Credit Suisse in historic deal to end crisis: Report
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