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How UBS can cling on to its Swiss purchase

Sergio Ermotti faces the daunting task of integrating two globally systemic banks. The returning UBS bossโ€™s first big decision, though, has a more domestic focus. The Swiss bank is under pressure to offload Credit Suisseโ€™s local business to ease a political backlash in its home market. By avoiding immediate layoffs, and arguing that the division might not be viable on its own, he might be able to get away with keeping it.
City Of United Kingdom Suisse Schweiz Katrina Hamlin Ralph Hamers Sergio Ermotti

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