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Inside UBS’s takeover of Credit Suisse

Behind the Money

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Credit Suisse's Biggest Shareholder Isn't Backing It

Credit Suisse was facing a crisis of confidence. Even so, it did manage to get an infusion of money from a big new investor late last year. The Saudi National Bank is very deep-pocketed and has strong links to the state. But just a few months in, Silicon Valley Bank collapses. So Credit Suisse at this point is fragile. It can't afford any more missteps.

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