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Swiss government announces takeover of Credit Suisse by UBS

UBS agrees to buy Credit Suisse after increasing its offer to more than $2billion

Thousands of British jobs at risk after Swiss bank is saved from collapse

While averting a financial meltdown, the rescue deal has put thousands of jobs in the UK at risk. The Swiss banks employ more than 11,000 staff in the City of London and Canary Wharf,

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