--UBS and Credit Suisse's chairmen are looking into a possible merger, Swiss finance blog Inside Paradeplatz reports, citing unnamed company sources.

--UBS's Axel Weber was driving the potential deal and talking to Credit Suisse's Urs Rohner, the publication reports, pointing out that an agreement could happen early next year. Mr. Weber had also talked to the Swiss finance minister about it, according to Inside Paradeplatz.

--The two banks declined to comment. 



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