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UBS Drops $10 Billion State Backstop For Credit Suisse Deal

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In a surprising and strategic maneuver, UBS has chosen to abandon a proposed $10 billion state backstop for its Credit Suisse deal. This bold decision sends ripples through the financial world, underlining UBS’s confidence in the robustness of the agreement and its determination to move forward without external safeguards. https://pressmaverick.com/ubs-credit/

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