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1 year ago

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Breakingviews - Swiss mega-bank has scope to shrink to greatness

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Breakingviews - Swiss mega-bank has scope to shrink to greatness

European bankers have long dreamed of creating a financial giant to match U.S. rivals like JPMorgan . In UBS , which is rescuing Credit Suisse in a government-brokered deal, they almost have one. The irony is that returning CEO Sergio Ermotti's No. 1 priority should be to shrink it as quickly as he can.

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Breakingviews - Swiss mega-bank has scope to shrink to greatness

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Breakingviews - Swiss mega-bank has scope to shrink to greatness

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