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the financial times is reporting that the country s biggest bank, ubs, has offered to buy credit suisse for up to one billion dollars, although bloomberg reports that credit suisse sees that as vastly undervaluing the bank. the swiss banking giant had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america s silicon valley bank. it had been offered an emergency credit facility of more than 50 billion dollars by switzerland s central bank but that had not prevented a sharp fall in its share price. more now on one of our main stories this hour a potential takeover of the struggling credit suisse bank by another swiss based bank, ubs. let s get the latest now from our correspondent in switzerland imogen foulkes. what is the latest on these stories to try and shore up we hearing a lot of things but i can tell you the crisis talks taking just on the road from me in berne financial authority of the banks, people are being very tig ....
From our correspondent in switzerland imogen foulkes. what is the latest on these stories to try and shore up we hearing a lot of things but i can tell you the crisis talks taking just on the road from me in berne financial authority of the banks, people are being very tight lipped. of the banks, people are being very tight-lipped- tight-lipped. what we know is that there has got tight-lipped. what we know is that there has got to tight-lipped. what we know is that there has got to be tight-lipped. what we know is that there has got to be some - tight-lipped. what we know is that there has got to be some credible | there has got to be some credible solution for credit suisse before markets open sync marrow because we saw so clearly last week just how little confidence there is in the health of the bank despite even this $50 billion loan that the swiss national bank offered that is it steadied the share price review is only then they started to fall again. so i think we are loo ....