UBS Completes Credit Suisse Takeover

Swiss banking major UBS Group AG said it has completed the acquisition of domestic rival Credit Suisse Group AG on Monday. The troubled banking firm has been merged into UBS, and the combined entity will now operate as a consolidated banking group. It was in mid March that UBS agreed to buy Credit Suisse for 3 billion Swiss francs or about $3.24 billion after the latter lost much of its value...

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