UBS to Unveil Earnings Report After Credit Suisse Takeover, Revealing Impact of Merger and Potential Client Shifts
– UBS’s earnings report will provide insights into the extent of damage to Credit Suisse’s standing with customers, particularly its wealth management arm, following the rescue deal.
– Analysts will be watching for any signs of clients leaving UBS as rich clients who previously held accounts at both UBS and Credit Suisse may decide to move their money elsewhere for risk diversification.
Source: www.reuters.com