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UBS and Credit
Suisse lost some ground in their combined share of the Swiss
funds business last year, the Asset Management Association of
Switzerland said on Monday, predicting that this would.
UBS and Credit Suisse lost some ground in their combined share of the Swiss funds business last year, the Asset Management Association of Switzerland said on Monday, predicting that this would fall further. The market share of the combined bank, which became a single entity last year after UBS stepped in to rescue Credit Suisse, fell to 37.6% in 2023, down from 39.3% the previous year. The association's head, Adrian Schatzmann, said he expected the market share of the combined bank to further drop as UBS integrated Credit Suisse and merged some of their funds.