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Federal Reserve and Global Central Banks Act to Shore Up Dollar Access
Posted inBanking and Financial Institutions Credit Suisse Group AG Federal Reserve System Inflation (Economics) UBS AG United States Economy

Federal Reserve and Global Central Banks Act to Shore Up Dollar Access

America’s central bank and its counterparts around the world are rushing to cushion markets against the impact of bank problems.
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Posted by By Jeanna Smialek
UBS Nears Deal to Buy Credit Suisse
Posted inBanking and Financial Institutions Credit Suisse Group AG Saudi National Bank Silicon Valley Bank Swiss Financial Market Supervisory Authority Swiss National Bank Switzerland UBS AG

UBS Nears Deal to Buy Credit Suisse

The Swiss government is close to announcing a deal for UBS to buy Credit Suisse, its smaller rival, for about $1 billion.
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Posted by By Andrew Ross Sorkin Michael J. de la Merced and Maureen Farre
Markets Worry First Republic and Other Banks Remain Under Pressure
Posted inBanking and Financial Institutions Credit Suisse Group AG Dimon, James European Central Bank Federal Reserve System First Republic Bank internal-storyline-no JPMorgan Chase & Company

Markets Worry First Republic and Other Banks Remain Under Pressure

The nation’s top lenders banded together to rescue First Republic Bank. But markets worry that regional institutions remain under pressure.
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Posted by By Andrew Ross Sorkin Ravi Mattu Sarah Kessler Michael J. de la
Investors Warily Approach the End of a Tumultuous Week
Posted inBanking and Financial Institutions Credit Suisse Group AG First Republic Bank Stocks and Bonds United States Economy

Investors Warily Approach the End of a Tumultuous Week

The rescues of two ailing lenders provided a tenuous sense of relief in stock markets.
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Posted by By Rich Barbieri and Jason Karaian

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