Swiss parliament approves 109 billion franc rescue package for Credit Suisse

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ZURICH, April 11 (Reuters) – The upper house of Switzerland’s parliament on Tuesday retrospectively approved 109 billion Swiss francs of financial guarantees, which were included in a rescue package for Credit Suisse (CSGN.S).

Following a heated debate at an extraordinary session called to discuss Credit Suisse, 29 members of Switzerland’s Council of States approved the measure.

Reporting by Noele Illien; Editing by Andrew Heavens

Our Standards: The Thomson Reuters Trust Principles.

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