When will UBS complete its Credit Suisse integration?

UBS is in the final year of integrating Credit Suisse, with the migration of 150,000 complex Swiss clients remaining.

What is driving client investment diversification according to UBS CEO Ermotti?

Global geopolitical and macroeconomic uncertainties are creating volatility, prompting clients to diversify their investments.

How long does UBS CEO Sergio Ermotti expect client investment shifts to continue?

Sergio Ermotti expects the trend of clients diversifying their investments due to global uncertainty to continue for the next decade.

Home / Business and Economy / UBS Nears Credit Suisse Integration End Game

UBS Nears Credit Suisse Integration End Game

4 Feb

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Summary

UBS is in the final year of integrating Credit Suisse clients.
Global political shifts drive client portfolio diversification.
CEO Ermotti anticipates this trend to continue for years.

UBS Nears Credit Suisse Integration End Game

UBS is approaching the culmination of its integration of Credit Suisse, a process initiated with the acquisition in 2023. Approximately 150,000 of the most complex clients in Switzerland are still undergoing migration. Once this final phase is complete, UBS anticipates the shutdown of redundant IT systems and data centers.

CEO Sergio Ermotti highlighted that current global geopolitical and macroeconomic uncertainties are creating market volatility. He believes this environment is encouraging clients to re-evaluate their investment geographies and diversify their portfolios, a strategy he foresees continuing for the next decade. This allows UBS to leverage its global booking centers to facilitate client transactions.