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UBS agrees to buy Credit Suisse after increasing its offer to more than $2billion

UBS makes offer for Credit Suisse

WRAPUP 8-UBS makes offer for Credit Suisse; bondholder losses considered

Swiss authorities are examining imposing losses on Credit Suisse bondholders as part of a rescue, two sources with knowledge of the matter said on Sunday, while European regulators are apprehensive for fear it could hit investor confidence elsewhere. Authorities have been racing to rescue the 167-year-old bank, among the world's largest wealth managers, after a brutal week that saw the second- and third-largest U.S. bank failures in history.

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