UBS is set to record the biggest ever banking profit next quarter after it completes the takeover of Credit Suisse. UBS agreed to pay $3.25bn for Credit Suisse, which has a book value of $60bn -> negative goodwill or badwill of $57bn!
ft.com/content/f8655d…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…