UBS and Credit Suisse’s Swiss units could merge by July 1

By Jerry  Published On June 11, 2024
ZURICH, June 11 (Reuters) – The merger of the Swiss units of UBS (UBSG.S), opens new tab and Credit Suisse could be completed as early as July 1, a senior executive at UBS was quoted as saying on Tuesday.
UBS, which acquired former rival Credit Suisse last year after the bank’s collapse, had previously indicated the two units would be combined during the third quarter.
Sabine Keller-Busse, president of UBS Switzerland, told the Neue Zuercher Zeitung newspaper in an interview that the plan was progressing “very well”.
Source: REUTER

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