UBS CEO: confident it will win back some of Credit Suisse business

ZURICH (Reuters) – UBS chief executive Sergio Ermotti voiced optimism on Thursday that the Swiss bank will be able to attract some of the assets that have left Credit Suisse, its former rival it has taken over earlier this year.

“I am pretty confident that we will continue to see some good winbacks from assets that left Credit Suisse,” Ermotti told a conference organised by the Swiss Finance Institute.

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

(Reporting by Noele Illien; Editing by Tomasz Janowski)