UBS CEO Says When I Look At The Discussion Following UBS's Rescue Of Credit Suisse, I See More Fear Than Courage; Many Voices Only See The Danger Of A Large Bank In Our Country
Portfolio Pulse from Benzinga Newsdesk
UBS CEO comments on the aftermath of UBS's rescue of Credit Suisse, noting that the discourse is dominated by fear rather than courage, with many focusing on the risks of having a large bank in the country.
June 18, 2024 | 4:20 pm
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UBS CEO's remarks indicate a cautious sentiment in the market following the rescue of Credit Suisse, with concerns about the risks of a large bank.
The CEO's comments reflect a market sentiment that is cautious and concerned about the implications of UBS's size and the risks it poses. This could lead to short-term volatility in UBS's stock price as investors digest these concerns.
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