Skip to main content Exclusive news, data and analytics for financial market professionals Learn more about Reuters home World Business Legal Markets Breakingviews Technology Investigations More My View Register Finance 3 minute read March 19, 2023 7:38 PM UTC Last Updated ago Reuters UBS Group and Credit Suisse logos are seen in this illustration taken March 18, 2023. REUTERS/Dado Ruvic/Illustration BERN, March 19 (Reuters) - UBS (UBSG.S) agreed to buy rival Swiss bank Credit Suisse (CSGN.S) for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. The deal includes 100 billion Swiss francs ($108 billion) in liquidity assistance for UBS and Credit Suisse from the Swiss central bank. To enable UBS to take over Credit...