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UBS To Buy Credit Suisse In Historic Deal Brokered By Swiss Govt, Banking Crisis Not Over? Decodes Ajay Bagga

Banking giant UBS is buying crisis hit Credit Suisse for almost $3.2 billion, in a deal brokered by the Swiss regulators in an effort to avoid market-shaking turmoil in the global banking system. How are the cues from this news? What are the latest updates on the US banking crisis?

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