UBS completes Credit Suisse takeover to become wealth management behemoth
UBS completes Credit Suisse takeover to become wealth management behemoth
www.reuters.com UBS completes Credit Suisse takeover to become wealth management behemoth
UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse , creating a giant Swiss bank with a balance sheet of $1.6 trillion and greater muscle in wealth management.
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That was fast!
It was, but given the decision that was made I think it was the best call in term of salvaging public trust.