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Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients, sources say

Swiss watchdog scrutinises UBS vetting of wealthy Credit Suisse clients, sources say

Switzerland’s financial supervisor has been scrutinising how UBS vets risky wealthy clients that it wants to transfer from Credit Suisse, sources said, as the regulator takes a hands-on approach to the bank’s integration of its fallen rival. Earlier this year, watchdog FINMA reviewed the filters UBS, currently worth $105 billion on the market, applies to...