UBS Group
Analysis: UBS swallows Credit Suisse, casting shadow over Switzerland
UBS Group (UBSG.S) emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that makes the Swiss economy more dependent on a single lender.
March 20, 2023
Analysis: UBS swallows Credit Suisse, casting shadow over Switzerland
UBS Group (UBSG.S) emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that makes the Swiss economy more dependent on a single lender.
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