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Swiss regulator deflects blame for Credit Suisse debacle

Switzerland's financial regulator deflected blame for the collapse of the country's second-biggest bank, Credit Suisse, saying it had been quick to respond, calling instead for more powers to take lenders to task. ....

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UBS rehires Ermotti as CEO to steer Credit Suisse takeover

UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse - a surprise move that seeks to take advantage of his experience in rebuilding the bank after the global financial crisis. ....

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Analysis: Market turmoil is doing central bankers' jobs for them

Tighter financing conditions in markets sparked by banking sector turmoil may have done much of central banks' jobs for them, boosting the case for an end to interest rate hikes soon. ....

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West could cut Russia from SWIFT, sanction Nord Stream, Latvia says

The West must send a strong message to Russia to deter it from invading Ukraine, including cutting Russia off from the SWIFT payment system, sanctioning the Nord Stream 2 pipeline and strengthening NATO's eastern flank, Latvia said on Tuesday. ....

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Swiss stocks - Factors to watch on December 6

The Swiss blue-chip SMI was seen opening 0.9% higher at 12,280 points on Monday, according to premarket indications from bank Julius Baer . ....

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