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Big Swiss Banks Have Clear Reasons to Begrudge Cantonal Institutes

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UBS head Sergio Ermotti has recently made pointed remarks about the country's state-owned banks. The reason? New data shows them gaining market share from their larger brethren. Sergio Ermotti pointed his finger squarely at the cantonal banks not long ago. It was not the combined UBS-Credit Suisse business that was…

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Click here to read the full story: Finews.com

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