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Posts tagged as “taxpayer-backed bailout”

UBS To Buy CS For $3 Billion As AT1 Bonds Get Wiped Out In Record Bail-In; Swiss Govt Grants CHF9BN Guarantee; SNB Offers $100 Billion Liquidity Backstop

The Silence of the Holocaust Museums

UBS To Buy CS For $3 Billion As AT1 Bonds Get Wiped Out In Record Bail-In; Swiss Govt Grants CHF9BN Guarantee; SNB Offers $100 Billion Liquidity Backstop

March 20, 2023

By TYLER DURDEN Update (1500ET): We finally have a deal, and what was at first a CHF1 BN acquisition price of Credit Suisse by…

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