UBS (UBS) is weighing options to renegotiate parts of a deal Credit Suisse struck for its securitized products business, Marion Halftermeyer, Nabila Ahmed and Jan-Henrik Forster of Bloomberg report. UBS is unhappy with the terms Credit Suisse agreed to when it sold large parts of the business to Apollo Global Management (APO), people familiar with the matter told Bloomberg. The bank is concerned about fees Credit Suisse agreed to pay Apollo to manage assets that remained on its books, and could try to renegotiate those, the people said.
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