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Cryptopolitan 2023-08-13 15:40:29

UBS left $10b state backing behind in Credit Suisse deal

UBS boldly declared independence from a hefty financial safety blanket. A once-crucial $10.3 billion state support, granted during their acquisition of Credit Suisse, is now left behind in the banking behemoth’s rearview. The move highlights the bank’s renewed confidence, but more importantly, it’s a nod to the shifting undercurrents of global finance and the political ... Read more

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