UBS CEO Sergio Ermotti discusses first earnings report since Credit Suisse acquisition

UBS CEO Sergio Ermotti discusses first earnings report since Credit Suisse acquisition

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UBS CEO Sergio Ermotti speaks to CNBC following the bank’s first earnings report since its acquisition of stricken rival Credit Suisse was completed in June. UBS posted a $29 billion net profit as a result of negative goodwill from the deal.

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