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Switzerland To The Rescue: Swiss National Bank, FINMA Ready To Provide Liquidity Support For Credit Suisse

Switzerland's Financial Market Supervisory Authority (FINMA) and Swiss National Bank (SNB) released a joint statement in response to the recent market turmoil caused by certain banks in the U.S. What Happened: The statement confirmed the problems faced by U.S. banks do not pose a direct risk of contagion for Swiss financial markets.

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