UBS agrees to buy Credit Suisse in $2B all-stock deal (NYSE:CS)

Credit Suisse Shares Drop 30% As Concerns Over Banking Crisis Continue

Spencer Platt/Getty Images News

UBS Group (UBS) has agreed to acquire Credit Suisse Group (NYSE:CS) in a government-led deal that aims to contain the banking shock that’s rolled through global financial markets, according to a media report.

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