Banks Drag Asian Shares Lower as Investors Digest UBS, Credit Suisse Deal

Banks Drag Asian Shares Lower as Investors Digest UBS, Credit Suisse Deal

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Hong Kong’s Hang Seng Index was down around 3.2% in mid-afternoon trading. Bank stocks across Asia came under selling pressure Monday, as investors attempted to weigh up the outlook for the sector in the wake of UBS Group ’s weekend deal to acquire Credit Suisse Group . Hong Kong’s Hang Seng…

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