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Reuters

Reuters

Business

Business & Economics

UBS CEO says "premature" to consider acquisitions

Reuters
Summary
Nutrition label

78% Informative

UBS CEO Sergio Ermotti said it is currently premature for the Swiss bank to consider acquisitions.

UBS acquired Credit Suisse in 2023 after its longtime rival collapsed due to a string of scandals and setbacks.

He said he did not expect a lot of deregulation in the banking sector in the U.S. under the new Trump administration.

VR Score

88

Informative language

93

Neutral language

72

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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