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Credit Suisse Crisis

Credit Suisse Talks Extend Into Sunday as Markets Await Deal

  • Government seeks solution with UBS to end confidence crisis
  • Goal is for an announcement before markets open in Asia
Bloomberg business news
Banking Breakdown: Credit Suisse
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Talks to contain the crisis of confidence in Credit Suisse Group AG extended into Sunday, with Swiss officials and UBS Group AG racing to put together a deal to take over or break up the battered lender before markets open in Asia.