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UBS is in talks about a merger with Credit Suisse.
  • UBS is in talks to acquire part or all of Credit Suisse, the Financial Times reported. 
  • The talks come after a harrowing week for Credit Suisse, whose shares sank to a record low. 
  • The likely merger of Switzerland's two largest banks comes a week after SVB collapsed.  

Two of Switzerland's largest banks and their regulators are thrashing out a merger deal that could be fast-tracked by Switzerland, the Financial Times reported.