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Credit Suisse shelves Klein acquisition as dealmaking fees tumble 51%
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Credit Suisse has "terminated" a deal to acquire the boutique of Michael Klein, the former Citigroup dealmaker who had orchestrated a spin out of its investment bank as it prepares to merge with Swiss rival UBS.
Credit Suisse had agreed to pay $175m for Klein's 40-person boutique in February, but the emergency takeover by UBS in March has...
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