Folding Credit Suisse into UBS will take three to four years, and will be hugely risky, UBS chair Colm Kelleher told shareholders on 5 April.
"You have to understand that there is huge amount of risk in integrating these businesses," Kelleher said at the bank's annual meeting. The time frame excludes winding down a noncore portfolio in Credit Suisse's investment bank.
He...
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