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Could other big bank mergers follow successful UBS-Credit Suisse rescue?
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fnlondon.comEuropean banking is too fragmented with too many firms making too little profit. In any normal industry, there would be mergers.
But ever since the financial crisis, mergers of the biggest banks have seemed out of the question.
Until now. The takeover of Credit Suisse by UBS is the first merger between two ‘global systemically important financial...
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