There are many losers in the deal to rescue the Swiss bank
UBS is emerging as a rare winner in Credit Suisse’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers.
After a weekend of frantic talks to forge a solution before markets opened in Asia, the firm agreed to buy its smaller rival for about $3.3bn in a share deal that includes extensive guarantees and liquidity provisions. Here are some of the big winners and losers to emerge from the deal...
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