Business and Technology
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UBS to buy CS for $3.3 Billion Amidst Small-Medium Banks Crisis
On Sunday, March 19, UBS announced the acquisition of Credit Suisse in a 3.3 billion francs ($3.2 billion) Swiss-government-brokered deal, ending the Credit Suisse Crisis and the ongoing banking confidence collapse that has spread across the global financial market, especially in small-medium banks.