Stock Market News
UBS estimates $34.8 billion of ‘negative goodwill’ from Credit Suisse buy -filing
2023.05.16 18:51
© Reuters. FILE PHOTO: A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse
(Reuters) – Swiss bank UBS Group AG (SIX:) said on Tuesday it estimated a “negative goodwill” of $34.8 billion from its acquisition of Credit Suisse.