UBS CEO tells Credit Suisse staff to stay focused on clients and the business

Nederland Nieuws Nieuws

UBS CEO tells Credit Suisse staff to stay focused on clients and the business
Nederland Laatste Nieuws,Nederland Headlines

UBS Chief Executive Sergio Ermotti has told Credit Suisse staff it is 'critical' to remain focused on clients and keeping the business running as the merger of the two banks proceeds, according to an internal memo seen by Reuters.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

staff it is "critical" to remain focused on clients and keeping the business running as the merger of the two banks proceeds, according to an internal memo seen by Reuters.

, Swiss authorities announced that UBS would buy Credit Suisse in a shotgun merger to stem further banking turmoil after the smaller lender had come to the brink of collapse.last week it was rehiring Ermotti as CEO, its former boss from 2011 to 2020, to steer the takeover which will create one bank with $1.6 trillion in assets and more than 120,000 staff.

Still, he tried to calm the nerves of anxious employees worried about massive lay-offs and upheaval ahead.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

Reuters /  🏆 2. in NL
 

Maybe can be re-educated

When did Steve Martin start work there?

Nederland Laatste Nieuws, Nederland Headlines



Render Time: 2025-01-16 21:46:30