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Ubs leaps 10% on the stock market, a record for three years

2023-03-21T15:04:02.754Z


Ubs' run on the Zurich Stock Exchange continues, in the wake of optimism for the acquisition of Credit Suisse and its wealthy clients. (HANDLE)


(ANSA) - MILAN, MARCH 21 - UBS's run on the Zurich Stock Exchange continues, in the wake of optimism for the acquisition of Credit Suisse and its wealthy clients.

The stock jumps 10%, marking the largest increase in three years and gaining more than SFr7 billion in capitalization, as controversies mount in Switzerland over the costs of a publicly financed bailout, the antitrust risks of the merger and possible redundancies from the merger , which the Financial Times speculates may number in the tens of thousands.

(HANDLE).


Source: ansa

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