Banking experts don’t give the merger of UBS and CS a chance

Are Credit Suisse and UBS really merging? The stock exchange is giving the rumors credit: the shares of the two big banks move to the top of the SMI stocks in early trading on Monday – and remain there until the stock market closes. The UBS share is up a good 2 percent, the CS share even more than 4 percent.

Banking experts like Manuel Ammann (50) from the University of St. Gallen are much more sober: “The rumor about a merger of UBS and CS pops up regularly,” says Ammann to VIEW. What is behind the rumor is difficult to find out. “I struggle to understand the industrial logic of such a merger. From my point of view, that doesn’t make sense. ”

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