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Upgrade Lands at a Crucial Moment For UBS

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Rating agency Fitch has lifted the Swiss banking giant’s outlook from «stable» to «positive» while reaffirming its long-term Issuer Default Rating at «A.» The upgrade lands at a moment when UBS shares have drifted lower in a skittish market, giving investors a timely reminder that the bank’s turnaround story still…

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Click here to read the full story: Finews.asia

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