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UBS Earns $29 Billion From Badwill Tied to Credit Suisse Deal


The Swiss bank’s sharply discounted takeover of Credit Suisse led to a paper gain that gave it the biggest quarterly profit by a bank in history.
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Source: NY Times


13:45, August 31, 2023 Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni

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