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Swiss banks have also been hit by the credit crisis (01.10.2008) je 08

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Ema Nevenka JülichOctober 1, 2008

Swiss banks have a reputation for being discreet, serious, and solid as a rock. But many of them have also been hit by the credit crisis. Zürich-based UBS, the European bank with the biggest losses from the credit crisis, may report a 5th straight quarterly writedown. The Swiss are worried that their banks are losing their good name.

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