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...In addition to the legal action in St Gallen, several law firms are building claims against the Swiss state that would be heard in international arbitration courts....
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...The agreement is a big boost to UBS’s ambitions to significantly cut back Credit Suisse’s investment bank as it focuses on building out the combined group’s wealth management business....
...“For this reason, support to the new policy is not warranted.” ISS backed the rest of the bank’s proposals for this year. It supported the pay plan last year....
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