UBS chairman on Credit Suisse deal: we hoped this day would not come

UBS chairman on Credit Suisse deal: we hoped this day would not come

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A marriage born out of pain, rather than love. After much speculation and with markets on the cusp of a Monday morning panic at the hands of a rolling bank crisis, UBS solidified its shotgun acquisition of ailing Credit Suisse Sunday afternoon. A couple of the key points behind the deal: • None…

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