UBS Group AG expects to take a financial hit of approximately $17 billion from the takeover of Credit Suisse Group AG, according to a presentation made by the bank. UBS estimates that it will suffer a negative impact of $13 billion from fair value adjustments of the combined group's assets and liabilities, as well as $4 billion in potential litigation and regulatory costs stemming from outflows. However, UBS also expects to book a one-off gain of $34.8 billion from the so-called "negative goodwill" of buying Credit Suisse for a fraction of its book value. The deal will create a wealth manager with more than $5 trillion in invested assets and over 120,000 employees globally.