UBS to absorb Credit Suisse domestic unit

August 31, 2023

Billions in cost savings expected from post-merger move

PUBLISHED : 31 Aug 2023 at 13:45

UBS’s plans for its recently swallowed rival Credit Suisse — particularly the fate of its investment bank and Swiss retail banking operations — are top on investors’ minds when it announces second quarter earnings. (Photo: AFP)

ZURICH – The banking giant UBS said Thursday it would fully absorb the Swiss unit of its recently swallowed rival Credit Suisse into its…

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UBS to absorb Credit Suisse domestic unit

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