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UBS-Credit Suisse deal dents Swiss banking’s reputation, hedge funds say
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fnlondon.comHedge fund managers see UBS’ rescue deal for rival Credit Suisse as a dent in Switzerland’s reputation as a banking hub.
While the deal announced on 19 March saved Credit Suisse from going bust, it has not reflected well on the country's prize sector, Suman Bannerjee, chief investment officer at hedge fund Hedonova, said.
"The UBS-Credit Suisse...
Read more on fnlondon.comAbout this in other media
Credit Suisse chair ‘truly sorry’ over downfall of 167-year-old bank theguardian.com /1 year ago
Credit Suisse shareholders gather at annual meeting to demand answers over UBS rescue cnbc.com /1 year ago
Citigroup hires Credit Suisse dealmaker Greg Dalle to co-head industrials in Europe fnlondon.com /1 year ago
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