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UBS to shrink Credit Suisse’s investment bank after historic merger

Credit Suisse's strategic overhaul now on shakier ground as UBS pledges to reduce investment bank's weighting

By Paul Clarke
UBS's takeover of its rival Swiss lender is set to lead to a shakeup in the merged dealmaking business
UBS's takeover of its rival Swiss lender is set to lead to a shakeup in the merged dealmaking business Photo: Fabrice Coffrini/Getty Images

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UBS will cut Credit Suisse's investment bank after a historic merger between the lenders.

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