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UBS to retain more than 100 Credit Suisse bankers in Asia -source

Summary by Ground News
UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia. The Swiss banking giant plans to shore up talent in markets where its rival has a stronger presence. UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following the takeover.

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Bias Distribution

  • 43% of the sources lean Right
43% Right
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Bloomberg broke the news in United States on Monday, June 5, 2023.
Sources are mostly out of (0)