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UBS agrees to buy Credit Suisse amid Silicon Valley Bank influence.

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UBS agrees to buy Credit Suisse amid Silicon Valley Bank influence – CBS News

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Swiss banking giant UBS has agreed to buy rival Credit Suisse for about $3 billion in a deal brokered by the Swiss government. The announcement came as new details emerged about the collapse of Silicon Valley Bank. Ed O’Keeffe reports.

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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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