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Assessment by US Authorities on Banks’ Engagement with Credit Suisse Group AG

Zurich (awp) – The US Treasury Department is assessing the commitment of banks in the United States to Credit Suisse, which finds itself in the midst of a stock market storm, the Bloomberg agency said on Wednesday, citing sources familiar with the matter.

US authorities are working with European regulators to assess this exposure, Bloomberg added.

The Wall Street Journal for its part claimed that the European Central Bank (ECB) had launched similar measures.

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