Credit Suisse employees have inundated recruiters across the world with calls to find a new job as UBS struck a $3.25 billion deal to buy the bank over the weekend.
Bloomberg reported the news on Monday, citing people in the recruitment industry who were familiar with the matter and requested to remain anonymous. They told Bloomberg anxious employees have contacted recruiters in London, New York, and Singapore over recent days.
The day after Credit Suisse and UBS announced the acquisition deal, a recruiting firm in Singapore received around 30 inquiries from mostly Credit Suisse private bankers, the people told Bloomberg. The bankers were asking whether there were any vacant jobs on the market, the people added.