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Strategist Was Fired, Ex-Group Head Says

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UBS Group AG’s commercial mortgage-backed securities business was thriving in 2012, a former executive said, challenging the Swiss bank’s claim that financial woes led it to dismiss a senior strategist. Kenneth Cohen, UBS’s ex-head of commercial real estate finance who left the bank in 2013, testified Wednesday at the trial…

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Click here to read the full story: Swiss Info

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