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Julius Baer CEO says Switzerland needs two big banks to fuel competition – report

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Switzerland needs two big banks to fuel competition, the chief executive officer of Julius Baer said in a newspaper interview amid speculation about the future of Credit Suisse, the second-biggest lender after UBS. "Competition stimulates business. Two healthy and strong big banks are important for the Swiss financial centre," Philipp…

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Click here to read the full story: Reuters

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