UBS completes Swiss mega-merger, gains clout as global wealth player

Credit Suisse AG

12/06/2023 05:58

ZURICH, June 12 (Reuters) - UBS  UBSG.S  on Monday said
it completed its emergency takeover of embattled local rival
Credit Suisse  CSGN.S , creating a giant Swiss bank with a
balance sheet of $1.6 trillion and greater muscle in wealth
management.
    

 (Reporting by Noele Illien
Editing by Miranda Murray)
 ((Noele.Illien@thomsonreuters.com; +41 41 528 39 73;))