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The New UBS Is a Wealth Management Behemoth. That’s a Risk.

Por: MarketWatch Business March 25, 2023

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That’s the good news and the bad news. UBS says its strategy is unchanged, and the addition of Credit Suisse will enhance its ability to serve clients globally. “The deal is likely to be value-enhancing for UBS and its shareholders, given the steeply discounted price and the downside protection,” says CFRA Research analyst Firdaus Ibrahim. But it won’t be easy. S&P Global Ratings revised its outlook on UBS to negative on integration... + full article



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