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UBS delays migration of ultra‑high‑net‑worth Credit Suisse clients
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UBS delays migration of ultra‑high‑net‑worth Credit Suisse clients
UBS has delayed the migration of a subset of ultra‑high‑net‑worth Credit Suisse clients to its platforms by several months, reported Reuters, citing sources. The delay interrupts the bank’s integration process, which had largely advanced without major issues. It raises doubts whether UBS will meet its end‑March target for migrating all clients with Swiss accounts. UBS spokesperson told Reuters that the bank remains committed to achieving the …
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