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UBS sets aside $900M for investors hit by Credit Suisse scandal

By Inquirer - 5 months ago
ZURICH, Switzerland — Swiss banking giant UBS said Monday it would set aside $900 million to help compensate investors who took a hit from Credit Suisse funds linked to the Greensill debacle that contributed to its fallen rival’s demise. UBS was strongarmed by the government last year to acquire Credit Suisse, then Switzerland’s second-biggest bank,

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