World central banks urge calm, prepare for more market turmoil in wake of Credit Suisse rescue

World central banks urge calm, prepare for more market turmoil in wake of Credit Suisse rescue

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Central banks around the world are urging calm while preparing for further market turmoil following UBS’s takeover of Credit Suisse over the weekend. The Bank of Canada, U.S. Federal Reserve and four other central banks stepped up efforts to keep U.S. dollars flowing through the financial system…

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