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UBS starts talks to unwind CS First Boston spinoff — reports
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fnlondon.comSwiss lender UBS is looking to unwind a deal to sell off Credit Suisse's investment bank and has entered talks with dealmaker Michael Klein, the Financial Times reports, citing unnamed sources.
Troubled Credit Suisse last year negotiated a deal to separate investment unit CS First Boston, with Klein's advisory boutique to be folded in and he to be made chief executive.
Read more on fnlondon.comAbout this in other media
UBS could cut 30% of staff after Credit Suisse takeover — report fnlondon.com /1 year ago
Stocks making the biggest moves midday: Bed Bath & Beyond, EVgo, UBS and more cnbc.com /1 year ago
Credit Suisse funds bled $3bn around UBS merger fnlondon.com /1 year ago
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