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UBS linked to major European bank purchase

National News // Sept. 21, 2020

UBS may be looking to buy a major European bank. Reports in yesterday’s SonntagsZeiting suggest Deutsche Bank, Barclays or Lloyds.  

UBS UBS linked to major European bank purchase
 
Last week there were reports UBS may merge with Credit Suisse. 
 
The paper says it has sources that say the bank is looking for synergies - especially in the investment banking sector. 
 
UBS is refusing to comment. 

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