"During the Credit Suisse Crisis, the Main Problem Was Not a Lack of Rules", by Sergio Ermotti

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OPINION. Three years after the emergency rescue of Credit Suisse, its integration into UBS is coming to an end; be careful not to increase the regulatory framework with a penalising "Swiss finish", Switzerland's strength lies in its sense of measure, insists the managing director of UBS, Sergio Ermotti Three years ago, Switzerland faced one of the most difficult moments in its modern financial history. Credit Suisse had to be stabilized in extre…

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UBS has completed the migration of all former credit suisse customers, which marks the Bank's final phase of integration, including the shutdown of the old IT infrastructure. By the end of 2026, the integration is expected to be largely completed.