With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks.
UBS is no stranger to blockbuster mergers. The modern company is comprised of over 370 legacy firms, including former domestic rivals. Amid major wars, Switzerland has remained stable and neutral, becoming a safe haven for global wealth.
Today, international wealth management is the heart of UBS’s operation. With over $5 trillion in invested assets post-merger, more than half of the bank’s customers are based in the United States.