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Cryptopolitan 2023-05-30 10:52:16

Swiss Social Democratic Party proposes shrinking UBS assets after Credit Suisse takeover

Switzerland’s Social Democratic Party has proposed limiting the size of UBS’s assets following its acquisition of Credit Suisse, according to the Aargauer Zeitung newspaper. The party, the second largest in the Swiss parliament, argues that the combined bank’s balance sheet, estimated to be around 1.5 trillion Swiss francs, poses significant risks to the country, especially ... Read more

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