Credit Suisse’s Final Days: The Race to Avert a New Banking Crisis

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The demise of Credit Suisse, one of Europe’s most important banks, looked like it might spark a new financial crisis.

After years of scandals involving cocaine smugglers and corporate espionage, the last week of the 166-year-old bank’s history was a rush to prevent the worst-case scenario, and resulted in a multi-billion-dollar deal with UBS that no one really wanted.

Bloomberg News and Television was there every step of the way.

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