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Evening Standard
Evening Standard
World
Simon English,John Dunne,Nicholas Cecil and Simon Hunt

Thousands of City jobs at risk in Credit Suisse crisis as UBS takes over embattled bank

Thousands of City jobs are at risk in the wake of the £2.5 billion rescue takeover of imploding Credit Suisse by arch rival UBS, analysts warned on Monday.

The emergency deal cobbled together on Sunday was supposed to restore confidence in markets worried about a re-run of the 2008 financial crash.

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