UBS in Talks to Take Over Credit Suisse

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UBS in Talks to Take Over Credit Suisse
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UBS is in talks to take over parts or all of Credit Suisse, part of an urgent effort by Swiss and global authorities to restore trust in the banking system

UBS Group AG is in talks to take over parts or all of Credit Suisse Group AG , which may involve a government backstop, part of an urgent effort by Swiss and global authorities to restore trust in the banking system, people familiar with the situation said.

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