Credit Suisse: UK authorities have approved takeover by UBS
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The Bank of England has signaled to its international peers and UBS that it will back the emergency deal the two banking giants planned to announce on Sunday, Sky writes.

UK Government Chancellor Jeremy Hunt and Bank of England Governor Andrew Bailey will be kept up to date on developments surrounding the most significant global banking merger since the financial crisis 15 years ago.

https://www.cash.ch/news/top-news/credit...net-584610
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