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UBS Chooses to Retain More than 100 Credit Suisse Asia Dealmakers

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UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia, seeking to shore up talent in markets where its Swiss rival has stronger presence, according to people familiar with the matter.

The bank is currently in advanced discussions to keep dozens of Credit Suisse’s senior dealmakers in the region, spanning from Korea, Thailand, Vietnam to India, proposing compensation targets for a group of managing directors, the people said, asking not to be identified because the matter is private.

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