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85 Swiss branches of UBS and Credit Suisse to shut, report says

85 Swiss branches of UBS and Credit Suisse to shut, report says

ZURICH, – UBS will close 85 branches in Switzerland of its combined operations with Credit Suisse by 2025 as part of its consolidation of its erstwhile rival, Swiss media reported on Friday. The Aargauer Zeitung said the closures would be where UBS and Credit Suisse branches stood in “immediate proximity”, and that a pilot phase...