UBS Smashes Banking Record as It Absorbs Credit Suisse

UBS Group AG posted the biggest-ever quarterly profit for a bank in the second quarter as a result of its emergency takeover of Credit Suisse, and confirmed that it would fully integrate the local business of its former rival by next year. #press

https://www.bloomberg.com/news/articles/2023-08-31/ubs-smashes-banking-profit-record-as-it-absorbs-credit-suisse?utm_source=press.coop

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