UBS tells employees: more milestones in CS merger to be announced Aug 31
Reuters
Published Aug 11, 2023 06:50
BERLIN (Reuters) - UBS said in a memo to employees seen by Reuters on Friday that it would provide information on some more milestones it has reached in its merger with Credit Suisse (SIX:CSGN) as part of its second-quarter results on Aug. 31.
"It should be clear to all of us that we still have a lot of work ahead of us to realize the full potential value from this transaction," according to the memo, which was sent as UBS said it had terminated its loss protection agreement with the Swiss government.
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Written By: Reuters
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