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Focus on the big picture

Central banks race to calm markets after UBS takes over Credit Suisse

DW, 20 Mar 2023
Central Banks and regulators raced to reassure markets and customers Monday, after one of the world's largest banks exited the global stage in a forced takeover. The details of the 3.2 billion dollar deal for USB and Credit Suisse rattled some investors. But regulators have sought to make one thing clear: The focus is on depositors and the health of the overall banking system.

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#Banks #BankFailure #BankCrisis
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