Credit Suisse struck a deal to be bought by rival UBS. The agreement marks the end of 167 years as an independent institution for the Swiss banking giant that liked to live dangerously.
after an uncontrolled slide in its stock and bonds. The agreement marks the end of 167 years as an independent institution, a humbling comedown for a bank that once went toe-to-toe with U.S. giants on Wall Street and boasted a market value greater than that of Goldman Sachs Group Inc.
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