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Why Wall Street giants are likely to gain the most from Credit Suisse’s fall
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To adapt Hemingway’s overused line on bankruptcy, consolidation in European investment banking happens in two ways: gradually, and then suddenly.
For the last few years, Credit Suisse’s rivals have been slowly picking away at the market share of its struggling investment bank. Now, after the takeover by UBS, it would seem that virtually the entire business is being offered up to competitors on a plate. But how much will UBS actually give up, and who will benefit?
Judging...
Read more on fnlondon.comAbout this in other media
UBS’s acquisition of Credit Suisse brings some good and bad for crypto cointelegraph.com /1 year ago
Trading Places: Credit Suisse departures start, Linklaters poaches from Latham, Citi’s shakeup fnlondon.com /1 year ago
BTC price centers on $28K as Deutsche Bank shares follow Credit Suisse cointelegraph.com /1 year ago
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