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Credit Suisse CEO dismisses European bank mergers as 'solution'

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Mergers are not the best way to help Europe’s banks deal with negative interest rates, Credit Suisse Chief Executive Tidjane Thiam said in an interview published on Sunday. “That is not the solution,” Thiam told Swiss newspaper Blick am Sonntag. “Negative interest rates have created an extremely difficult environment, where…

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Click here to read the full story: Euronews

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