The Deal Desk

Episode 20

Valuing banks and insurers, or the bank that sold for a fifteenth of its book

In March twenty twenty-three, U-B-S paid three billion francs for a bank whose accounts showed forty-five billion of equity. Nobody believed the accounts.

First released 12 October 202612 minAI voices by Google GeminiDownload MP3 (9 MB)

Transcript

    Next episode

    Episode 25 Purchase price allocation and goodwill What happens to the price after the deal closes, and why goodwill can come back to bite.

    Releases on 17 October 2026 at 07:00, Rome time.

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