UBS to impose restrictions on Credit Suisse bankers after takeover done, FT says

Credit Suisse AG

11/06/2023 21:14

June 11 (Reuters) - UBS AG  UBSG.S  is set to impose
tight restrictions on Credit Suisse  CSGN.S  bankers, including
a ban on new clients from high-risk countries and on complex
financial products, the Financial Times said on Sunday, citing
people with knowledge of the matter.
    Bloomberg News reported on Saturday that the emergency
takeover of Credit Suisse by UBS will close on Monday.

 (Reporting by Rishabh Jaiswal in Bengaluru; editing by Paul
Simao)
 ((rishabh.jaiswal@thomsonreuters.com;))