UBS CEO Sergio Ermotti Optimistic About Asset Growth Post-Credit Suisse Merger

2023-11-16 14:04:07

UBS Chief Executive Sergio Ermotti was optimistic Thursday regarding the Swiss bank’s ability to attract some of the assets that left Credit Suisse, its former rival that it bought early in the year. year.

“I am quite confident that we will continue to see good returns from the assets that have left Credit Suisse,” Mr. Ermotti told a conference organized by the Swiss Finance Institute.

He also said he did not expect the Credit Suisse integration to extend beyond 2026.

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