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

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.

Andrew Ross Sorkin
Author: Andrew Ross Sorkin

Written by

Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

in

Credit Suisse Group AG, internal-storyline-no, Mergers, Acquisitions and Divestitures, UBS AG
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