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      "text": "1. Sub-scale, low profitability\n2. Substantial funding gap\n3. Lower value creation for our shareholders on a standalone basis",
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      "text": "Our plan: UBS and Credit Suisse to continue to operate separately in Switzerland while preparing for legal merger (planned in 2024). Credit Suisse brand in Switzerland to remain for the time being. Client migration expected to be completed in 2025.",
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