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UBS - Credit Suisse Messed Up Badly But There's Still Value
April, 07 2021 11:25 AM
UBS Group AG Registered
Credit Suisse messed up badly, waiting after the major U.S. banks to unload Archegos Capital stock. The company's $4.7 billion in losses wipe out more than 18 months in earnings, and the company has the potential to see additional losses. Credit Suisse, post paying off this loss, has the potential to have a single-digit P/E ratio if things balance out. For further details see:
Credit Suisse Messed Up Badly, But There's Still Value
Stock Information
Company Name:
UBS Group AG Registered
Stock Symbol:
UBS
Market:
NYSE
Website:
ubs.com
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