UBS CEO says bank can handle risks of Credit Suisse takeover

UBS CEO says bank can handle risks of Credit Suisse takeover

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UBS can handle the risks from taking over Swiss rival bank Credit Suisse, UBS Chief Executive Ralph Hamers told broadcaster SRF. In a package orchestrated by Swiss regulators on Sunday, UBS will pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse and assume up to $5.4 billion…

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