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Credit Suisse stock nosedives 65%, UBS falls nearly 16% as investors digest $3 25 billion merger deal

On Sunday, both UBS and Credit Suisse announced the takeover deal. UBS will be the surviving entity. The Zurich-headquartered bank will acquire Credit Suisse for CHF 3 billion (approximately $3.25 billion).

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Credit Suisse Shares Plunge 60% After UBS Agrees a $3 2 Billion Rescue Deal

Shares in Credit Suisse plummeted, leading stocks in European banks lower as the lender's takeover by UBS failed to calm nerves about a wider crisis.

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Bank Crisis: How the Credit Suisse Rescue Will Affect the Fed s Next Move

Goldman Sachs has ruled out an interest-rate hike by the Federal Reserve at its Wednesday meeting, citing "banking stress."

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Credit Suisse Stock Falls 10% As Worries About Bank s Health Return

DBRS Morningstar cut Credit Suisse's credit score Thursday, amid concerns it may default on its debt.

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SVB collapse: First Republic stock plunges despite rescue effort by big banks

First Republic Bank was losing value again on Friday, even after a group of big banks said they would provide $30 billion in deposits in a show of confidence.

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