UBS CEO Ermotti: Credit Suisse no longer seeing outflows, situation has stabilized

UBS CEO Ermotti: Credit Suisse no longer seeing outflows, situation has stabilized

UBS appointed Sergio P. Ermotti as its group Chief Executive Officer following its agreement to acquire Credit Suisse.

Harold Cunningham | Getty Images News | Getty Images

He said UBS was on track to close the transaction within three months from its March 19 announcement.

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