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UBS and Sumitomo Mitsui Trust to Enhance Wealth Management in Japan by Acquiring Credit Suisse's Division

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The joint venture company of UBS in Japan is set to take over the wealth management division of Credit Suisse in the nation. This development follows UBS's acquisition of its Swiss competitor the previous year. UBS SuMi Trust Wealth Management will integrate the staff and client assets of Credit Suisse…

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