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The Nexus
BUSINESSApr 7 · 14:47 UTCBLOOMBERGScott Carpenter

UBS Taps Bond Insurer for Private Debt Securitization

UBS Group AG, based in Zurich, Switzerland, reported a third-quarter net income of $2.5 billion, exceeding the expected $1.4 billion. The bank is collaborating with a bond insurer for private debt securitization.

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