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UBS estimates $34.8 billion of ‘negative goodwill’ from Credit Suisse buy -filing

05/16/2023
Less than a minute

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.

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05/16/2023
Less than a minute

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