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Credit Suisse buyout was for global financial stability: SNB
"We were in an extremely fragile environment where we had this banking crisis in the United States and enormous nervousness in financial markets in general.
Protestors hold a sign reading "Expropriate the financial sector" as member of Young Socialists Switzerland party (JUSO) stage a demonstration in front of the headquarters of Credit Suisse bank.
By: NewVision Reporter, Journalist @NewVision
SWITXERLAND | BANKS | CREDIT SUISSE
The UBS takeover of stricken bank Credit Suisse was orchestrated to preserve global financial stability, Switzerland's central bank said