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Mar

Credit Suisse's main shareholders count their losses after the UBS takeover

Quartz

qz.com › credit-suisse-biggest-losers-shareholders-ubs-takeover-1850242803

UBS sealed a deal for Credit Suisse for $3.2 billion over the weekend. That’s 60% less than what the bank was worth when markets closed on Friday (Mar. 17). With a fallout of that size, it’s no surprise that the rescue created many losers—among them, Credit Suisse’s largest shareholders.

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