UBS UBS CH:UBSG has reportedly tapped JPMorgan Chase & Co. JPM to look into a possible stock listing for the domestic business of Credit Suisse CS CH:CSGN, the Swiss rival it struck a government-backed deal to take over last month. According to a Wednesday report from Zurich finance blog Inside Paradeplatz, the plan could see UBS keep a majority stake in the listed company, creating synergies. Credit Suisse Switzerland would carry on as an independent bank, the blog said, according to a Google translated version. A spokesman from Credit Suisse and JPMorgan declined to comment. MarketWatch also reached out to UBS.
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