UBS Buying Credit Suisse; Assuming More Than $5B in Losses
Carrier Management - Mar 19, 2023
UBS Buying Credit Suisse; Assuming More Than $5B in Losses UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses in a shotgun merger ......
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