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UBS Achieves Historic Profits: $29bn Record

In a groundbreaking achievement, Swiss bank UBS reported an unprecedented net profit of $29 billion in the last quarter. This remarkable feat can be credited to the seamless integration of Credit Suisse into UBS’s operations. However, with this triumph comes the monumental task of merging two banking behemoths.

FILE PHOTO: Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland, March 20, 2023. REUTERS/Denis Balibouse/File Photo

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