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The Independent UK
The Independent UK
National
Via AP news wire

Swiss prosecutors probe Credit Suisse ahead of UBS takeover

' KEYSTONE / ENNIO LEANZA

The Swiss attorney general’s office says it has opened a probe into the events surrounding embattled bank Credit Suisse, which is to be taken over by rival UBS.

Switzerland's government and financial regulators helped engineer the hastily arranged, $3.25 billion agreement that was aimed in part to help calm worries about the global financial system and will leave the country with a single huge global bank.

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