UBS completes migration of Credit Suisse clients in Switzerland

Core Viewpoint - UBS has successfully completed the migration of former Credit Suisse clients in Switzerland, marking a significant milestone in the integration process following its acquisition of Credit Suisse in 2023 [1][2]. Group 1: Client Migration - UBS has transferred approximately 1.2 million clients globally as part of the migration process [2]. - The completion of client migration is expected to enhance UBS' franchise and facilitate a broader and more seamless offering to all clients [2]. Group 2: Integration Process - The completion of the client migration allows UBS to proceed with the final stage of integration, which includes decommissioning the entire Credit Suisse platform [3]. - This decommissioning step is anticipated to result in significant cost savings for UBS [3].