Ethos CEO issues stark warning of UBS/Credit Suisse concentration risks ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
Despite shareholder worries, UBS Chairman Kelleher expresses confidence in navigating the challenges of integrating Credit Suisse at the at the company's annual general meeting of shareholders in Basel, Switzerland.
The shotgun marriage with Credit Suisse, which imploded during the recent banking crisis over long-standing concerns about its history of scandals and financial losses, will present challenges, UBS's chairman said.
UBS shareholders get their first chance to grill the banks bosses Wednesday over its shotgun marriage to Credit Suisse, done in double-quick time behind their backs