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UBS bank buys Swiss Bank Credit Suisse

Members of the public walk past Swiss Bank UBS in the City of London's banking district on Monday, March 20, 2023. Credit Suisse banking group was bought last night by Swiss bank UBS for $ 3.25 billion. The move by UBS will hopefully calm the global financial markets but will likely wipe out Credit Suisse shareholders. Photo by Hugo Philpott/UPI

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