UBS Earns $29 Billion From Badwill Tied to Credit Suisse Deal

UBS Earns $29 Billion From Badwill Tied to Credit Suisse Deal

The New York Times - Business:

The Swiss bank’s sharply discounted takeover of Credit Suisse led to a paper gain that gave it the biggest quarterly profit by a bank in history.

This post first appeared in The New York Times - Business. Read the original article.