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Bangkok Post
Bangkok Post
Business

FORGOTTEN HISTORY: Ubs set for bumpy integration of credit suisse - The Untold Story

UBS' takeover of rival Credit Suisse is resulting in a megabank unlike the Swiss have ever seen

ZURICH - UBS is poised to complete on Monday its takeover of Credit Suisse, but integrating the former rival is a Herculean task that clients, employees and Swiss political leaders will closely watch.

The coming months are likely to be "bumpy", warned UBS chief Sergio Ermotti on Friday, adding the integration will come with "waves" of difficult decisions, particularly regarding employment.

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