UBS in talks to buy Credit Suisse: Report

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The Financial Times reported late that UBS Group AG in talks to buy all or part Credit Suisse Group AG, with their boards meeting separately over the weekend to consider the move.

Swiss regulators are helping with the talks as they try to boost confidence in the country’s sector, the newspaper told “several people” aware the talks. The goal to reach solution by Monday, although any deal could fall through.

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