Saudis, Qataris and Norway to see big losses on UBS deal for Credit Suisse
It wasn’t even six months ago that Saudi National Bank paid $1.5 billion for a 9.9% stake in Credit Suisse. That stake is now worth about $215 million after UBS UBS, reportedly swooped in to acquire its fallen rival for more than $2 billion. See: UBS reportedly reaches deal to buy Credit Suisse…
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