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UBS outlines new leadership team as it says Credit Suisse deal will close in coming weeks

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UBS Group on Tuesday outlined its new operating model and leadership team as it said that it anticipates its acquisition of Credit Suisse Group CS CH:CSGN will close in the next few weeks.

The Swiss bank UBS CH:UBSG said Credit Suisse Chief Executive Ulrich Koerner will join UBS’s executive board once the transaction is closed, while Todd Tuckner will take on the role of group Chief Financial Officer.

UBS…

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