Wealth and Asset Management
UBS’s Wealth Assets Risk $150 Billion Drop on Credit Suisse Merger, JPMorgan Says
UBS Group AG may see a $150 billion decline in its wealth-management client assets following the acquisition of Credit Suisse Group AG, analysts at JPMorgan Chase & Co. estimate. The decline would come as a result of client outflows, overlap between the two banks and ongoing cost savings, bank analysts…
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Click here to read the full story: Yahoo Finance