Credit Suisse’s $2.2b bombshell: UBS breaks up with Apollo
In an audacious reveal, Credit Suisse has forecasted a whopping $2.2 billion loss for the third quarter as repercussions emerge from the takeover by UBS. If ever there was a clear testament to the tumultuous terrain of bank mergers, this is it. The Rundown of Credit Suisse’s Losses Diving into the details, the significant losses ... Read more
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