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Cryptopolitan 2024-02-07 10:54:10

UBS intensifies cost reductions amid Credit Suisse merger

The banking behemoth UBS has found itself navigating turbulent waters as it reports back-to-back quarterly losses, a direct fallout from its bold move to rescue its beleaguered competitor, Credit Suisse. This financial quagmire saw UBS posting a $279 million loss in the last quarter of the previous year, a figure slightly less grim than market

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