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Why Wall Street giants are likely to gain the most from Credit Suisse’s fall
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fnlondon.comTo adapt Hemingway’s overused line on bankruptcy, consolidation in European investment banking happens in two ways: gradually, and then suddenly.
For the last few years, Credit Suisse’s rivals have been slowly picking away at the market share of its struggling investment bank. Now, after the takeover by UBS, it would seem that virtually the entire business is being offered up to competitors on a plate. But how much will UBS actually give up, and who will benefit?
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Read more on fnlondon.comAbout this in other media
Credit Suisse chairman tells shareholders he is ‘truly sorry’ fnlondon.com /1 year ago
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
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