UBS Group AG erased losses while investors digested the drawbacks and potential upside of its Credit Suisse Group AG takeover, a deal that forces it to wind down assets and restructure while handing over valuable assets at a bargain price. The government-brokered, 3 billion Swiss franc ($3.2 billion) deal signed late Sunday was intended to […]
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- Source: https://bankautomationnews.com/allposts/business-banking/ubs-erases-losses-as-investors-weigh-credit-suisse-deal-impact/
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