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Wednesday, April 24, 2024

SNB Offers Roughly $100 Billion Liquidity Line to UBS as Part of Credit Suisse Deal, Sources

The Swiss National Bank has offered UBS Group AG around $100 billion in liquidity to help it take on the operations of Credit Suisse Group AG, according to the people familiar with the matter. Details of the liquidity offer couldn’t be learned but are part of the talks to engineer a takeover of …

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