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UBS boss aims to rebuild as CS steps into limelight
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Contributed by World News
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Text: ZURICH: UBS Chairman Peter Kurer is a stern lawyer who embodies the values of conservative Swiss banking -- the exact qualities the bank is desperate to revive after a disastrous venture into risky investment banking. But local competitor Credit Suisse, under the leadership of US former investment banker Brady Dougan, has quietly stolen the mantle of Swiss sobriety, despite the outsider at its helm, in a role reversal of the two Swiss banking giants. "UBS used to be the pillar of...
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