"The chairmen of UBS Group AG and Credit Suisse Group AG are exploring a potential merger to create one of Europe’s largest banks, Inside Paradeplatz reported, citing unidentified people inside the two lenders."
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is there a need to merge?
Depends on the direction they want to take and where they want to compete geographically.
what will happen to IB/S&T
Bump this is interesting because an IB merger would be quite complementary and might actually work well
Referring to the top groups under the two firms are in different industries?
Don't think its complementary at all.
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