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Will UBS live to regret its Credit Suisse takeover?

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fnlondon.com

Almost exactly 15 years ago, Jamie Dimon got a call from Washington asking JPMorgan Chase to take over the struggling Bear Stearns.The US authorities were worried that if the smaller investment bank was allowed to fail it would trigger a broader crisis of confidence.Dimon agreed and lived to regret the decision after the cost of the takeover...

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