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1 year ago

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European bank shares rally, bonds battered after Credit Suisse debt wipeout

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European bank shares rally, bonds battered after Credit Suisse debt wipeout

European bank shares rose from four-month lows on Monday, following the state-backed rescue of Credit Suisse by UBS , while bank bonds remained under pressure after the merger deal wiped out some bondholders.

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European bank shares rally, bonds battered after Credit Suisse debt wipeout

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European bank shares rally, bonds battered after Credit Suisse debt wipeout

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