DESTEN Inc Appoints Three New Members to The Board of Directors and One New Member to The Board of Advisors tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
Addressing the annual shareholder meeting on Wednesday, UBS Chairman Colm Kelleher said that the takeover will take at least three to four years to take shape, excluding Credit Suisse’s non-core investment bank portfolio.
After years of scandal and losses, Credit Suisse almost collapsed in March before its rival UBS planned a rescue with a merger engineered by the Swiss authorities.