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UBS confident about Credit Suisse deal despite 'huge' risk

Por: Associated Press Business April 05, 2023

GENEVA (AP) — The UBS chairman voiced confidence Wednesday that the Swiss bank will succeed in a government-engineered takeover of hobbled rival Credit Suisse, pledging the deal will reduce costs, benefit shareholders and despite “huge” risks in knitting the global lenders together.Speaking to UBS shareholders, Colm Kelleher gave an overview of the that he said would close in the next few months, alluding to the complexity of the... + full article



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