What does the integration between UBS and Credit Suisse mean for clients?

Integration required considerable effort but, according to CEO Sergio Ermotti, is leading to tangible results. For clients, this means being able to rely on an institution with a more resilient balance sheet, solid capital generation and a strategy focused on customer proximity and rigorous risk management, ensuring greater long-term stability.

What are UBS's current objectives after the acquisition?

UBS focuses today on completing integration, implementing growth plans and exceeding performance targets. The group aims to remain a reliable partner for the communities in which it operates, employing financial resources in profitable opportunities and maintaining a commitment to returning capital to shareholders.

How is the integration path described by the CEO?

CEO Sergio Ermotti defined the path as non-linear, stressing that it required very hard work on the part of employees and difficult decisions. He also reiterated that the acquisition of Credit Suisse was not a gift, but a prize won with commitment and patience from shareholders.

UBS and Credit Suisse: the results of the integration (cross-border guide)

Di Redazione Frontaliere Ticino · Published on 29 July 2026

Three years after the announcement, CEO Sergio Ermotti confirms tangible results and overcoming the initial challenges for the banking group.

Context

In a nutshell

UBS-Credit Suisse integration after three years of challenges.
Tangible results confirmed by CEO Sergio Ermotti.
Resilient balance sheet and solid capital generation in the second quarter.
Well-positioned performance targets to be exceeded.

Key facts

What: Quarterly results and bank integration
When: July 2026 (reference to 3 years after March 2023)
Where: Zurich
Who: Sergio Ermotti, CEO of UBS
Status: Integration in advanced stage

The integration of Credit Suisse required constant commitment and patience on the part of the shareholders, but what has been achieved so far has resulted in tangible and lasting results for the institution. A little more than three years after the announcement of the takeover of the competing bank, which took place in March 2023, UBS CEO Sergio Ermotti commented on the progress of the process in a statement attached to the quarterly results published early in the morning in Zurich.

The executive, who led this complex transition phase, stressed that the acquisition was not a gift received, but a milestone achieved through rigorous commitment and difficult decisions. The path, as expected, was not linear. The determination of personnel and the management of operational challenges have been fundamental to transform the current banking structure. The financial strength shown during the second quarter and robust capital generation strengthened the

Operational details

The analysis of recent UBS results assumes particular relevance for border workers and the labor market in the Canton of Ticino, which is directly affected by the stability of major Swiss financial institutions. When the Swiss banking sector consolidates its position, it positively reflects on the economic multiplier and job security even for those who, although residing in Italy, work for companies linked or benefiting from banking services. UBS' ability to maintain a solid capital base, despite enormous integration efforts, is a resilience signal that protects the local economic system.

Recommended tools

For an updated estimate, use the net salary calculator and the CHF-EUR exchange comparator.

Key points

To understand how the dynamics of a large banking group impact your personal financial situation, it is essential to regularly monitor your financial position. The stability of the banking system is the prerequisite for correct management of your income, especially in a moment of regulatory transition like the current one, characterized by the new tax agreement. Frontalier workers must ensure that they manage their taxation and pension contributions optimally, using the available tools to verify their net situation in their payslip.

Source: tio.ch

Frequently Asked Questions

What does the integration between UBS and Credit Suisse mean for clients?: Integration required considerable effort but, according to CEO Sergio Ermotti, is leading to tangible results. For clients, this means being able to rely on an institution with a more resilient balance sheet, solid capital generation and a strategy focused on customer proximity and rigorous risk management, ensuring greater long-term stability.
What are UBS's current objectives after the acquisition?: UBS focuses today on completing integration, implementing growth plans and exceeding performance targets. The group aims to remain a reliable partner for the communities in which it operates, employing financial resources in profitable opportunities and maintaining a commitment to returning capital to shareholders.
How is the integration path described by the CEO?: CEO Sergio Ermotti defined the path as non-linear, stressing that it required very hard work on the part of employees and difficult decisions. He also reiterated that the acquisition of Credit Suisse was not a gift, but a prize won with commitment and patience from shareholders.