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Investment Banking

The winners and losers from UBS and Credit Suisse’s investment bank tie-up

UBS is cherry-picking Credit Suisse bankers, but lags its Swiss rivals in many parts of dealmaking

'We’d be stupid if we weren’t preparing for a little upgrading to our ranks'
'We’d be stupid if we weren’t preparing for a little upgrading to our ranks' Photo: Getty Images

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Credit Suisse dealmakers are bracing for deep cuts after its emergency sale to Swiss rival UBS for $3.2bn.

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