Credit Suisse, UBS at Risk if Buyout Slump Continues, Deutsche Bank Says

(Bloomberg) -- Credit Suisse Group and UBS AG,
Switzerland's biggest banks, could see earnings fall by as much
as 19 percent if revenue from arranging leveraged buyouts falls,
according to research by Deutsche Bank AG.

A ``permanent breakdown in the LBO market'' is the ``biggest
risk to our positive view on investment banks,'' London-based
Deutsche Bank analyst Matt Spick said in a report to investors
today. Deutsche currently has ``buy'' ratings on both banks.


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