Credit Suisse, UBS face tough fight to keep out foreign raiders from Switzerland
Credit Suisse and UBS have strengthened their grip in their home market, but with Switzerland leading Europe’s cross-border M&A revival, they face stiff competition from ambitious foreign rivals, writes David Rothnie.
Switzerland is increasingly becoming a battleground in corporate and investment banking, with foreign firms looking to grab market share while national champions UBS and Credit Suisse have redoubled their efforts to assert their dominance in their home market.The two Swiss lenders enjoy a natural home advantage, not ...
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