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UBS Faces Tough Choices as It Weighs Up Credit Suisse’s Asian Business

 wsj 5 min read The Wall Street Journal 23 Mar 2023, 06:21 PM IST

There are clear advantages in wealth-management, tougher questions elsewhere

A footbridge linking buildings of a UBS Group AG office in Zurich, Switzerland, on Tuesday, March 21, 2023. Recruiters across the world are getting an unprecedented flood of calls from�Credit Suisse Group AG�bankers seeking new jobs as the embattled Swiss lender is set to be taken over by�UBS. Photographer: Stefan Wermuth/Bloomberg (Bloomberg)Premium
A footbridge linking buildings of a UBS Group AG office in Zurich, Switzerland, on Tuesday, March 21, 2023. Recruiters across the world are getting an unprecedented flood of calls from�Credit Suisse Group AG�bankers seeking new jobs as the embattled Swiss lender is set to be taken over by�UBS. Photographer: Stefan Wermuth/Bloomberg (Bloomberg)

Executives at UBS Group AG, which until recently competed with rival Credit Suisse Group AG to win business from Asia’s biggest companies and richest people, must now tackle the thorny question of how to combine the two banks in the region.

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