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Warsaw shares hit four-month low, forint drops after Credit Suisse rescue

CEE MARKETS-Warsaw shares hit four-month low, forint drops after Credit Suisse rescue Updates prices, add Polish data, analyst comments By Jason Hovet and Krisztina Than PRAGUE, March 20 (Reuters) - Hungary's forint hit an 11-week low and Warsaw's blue-chip index fell to its lowest in over four months on Monday before each recovered some ground amid market volatility after Credit Suisse's state-backed rescue.
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European banks battered after Credit Suisse rescue

UPDATE 1-European banks battered after Credit Suisse rescue Updates latest share moves, adds context, adds quotes By Lucy Raitano LONDON, March 20 (Reuters) - Shares in European banks were battered in early trade on Monday following UBS's UBSG.S state-backed rescue of Credit Suisse CSGN.S that brought with it massive writedowns for the latter's bondholders.
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Euro zone bond yields drop as contagion risks still spook markets

Euro zone bond yields drop as contagion risks still spook markets By Stefano Rebaudo March 20 (Reuters) - Euro zone borrowing costs dropped, and yield spreads between core and periphery widened on Monday as risks of a banking crisis continued to spook investors after UBS sealed a deal to buy Credit Suisse and some of the world's largest central banks teamed up to reassure markets.
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Investors punish UBS after Credit Suisse rescue, shares plummet

UPDATE 2-Investors punish UBS after Credit Suisse rescue, shares plummet Updates throughout By John Revill Amanda Cooper LONDON/ZURICH, March 20 (Reuters) - Shares in UBS UBSG.S plunged on Monday, heading for their biggest one-day fall since 2008 after its weekend rescue of ailing rival Credit Suisse CSGN.S ignited concerns among investors about the long-term benefits of the deal.
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Bank shares rise after Credit Suisse rescue eases crisis

WRAPUP 9-Bank shares rise after Credit Suisse rescue eases crisis By Amanda Cooper and John Revill March 20 (Reuters) - U.S. banking stocks rose on Monday and Europe's lenders recovered from a sharp early sell-off after UBS Group's state-backed takeover of Credit Suisse appeared to close off one source of worry for the global banking sector. In a package engineered by Swiss regulators on Sunday, UBS Group AG UBSG.S will pay 3 billion Swiss francs ($3.2 billion) for 167-year-old Credit Suisse Gro
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