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Authorities Said To Hold Talks On Options To Stablise Credit Suisse

SWITZERLAND
  • Swiss authorities and Credit Suisse Group AG are discussing ways to stabilize the bank, according to people familiar with the matter, after comments by its biggest shareholder on Wednesday helped trigger a plunge in the stock. (Bloomberg)
  • The firm’s leaders and government officials have talked about options that range from a public statement of support to a potential liquidity backstop, said the people.

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