UBS Group AG Chairman Colm Kelleher said the integration of Credit Suisse Group AG will take three to four years, excluding the wind down of the investment bank.
Even with downside protection in the form of government support, there’s a “huge amount of risk in integrating these businesses,” Kelleher said in prepared remarks for the bank’s annual general meeting on Wednesday.
Source : UBS Chair Expects Credit Suisse Integration to Last Up to Four Years