UBS kitchen sink has protection from further leaks LiamWardProud
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UBS Braces To Lose Billions After Rushed Credit Suisse RescueUBS said it didn’t want to acquire its rival and its inability to do thorough due diligence means it’s possible it “agreed to a rescue that is considerably more difficult and risky than it had contemplated.”
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Exclusive: UBS set to gain EU nod for Credit Suisse deal, sources sayUBS is expected to secure unconditional European Union antitrust approval for its planned takeover of struggling Credit Suisse , people familiar with the matter said on Tuesday, putting the Swiss bank closer to completing the deal.
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UBS flags $17 billion hit from Credit Suisse takeoverUBS estimates a negative impact of $13 billion from fair value adjustments of the combined group’s assets and liabilities. It also sees $4 billion in potential litigation and regulatory costs…
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UBS estimates $35 billion gain from buying Credit SuisseUBS is setting aside $4 billion for possible litigation costs from its acquisition of Credit Suisse, but nonetheless will book $34.8 billion in negative...
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UBS Prepares for $4 Billion Legal Hit From Credit Suisse DealUBS said it has set aside $4 billion to cover potential legal and regulatory costs from its acquisition of Credit Suisse
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UBS flags $17 bln hit from Credit Suisse takeoverUBS Group AG expects a financial hit of about $17 billion from the takeover of Credit Suisse Group AG , the bank said in a presentation early on Wednesday as it prepares to complete the rescue of its struggling Swiss rival.
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