UBS CEO Forewarns Of Difficult Job Decisions Following Credit Suisse Acquisition
Sergio Ermotti, chief executive officer of UBS, cautioned on Friday of difficult decisions regarding layoffs following the acquisition of Credit Suisse, which he said he hoped would be finalised in the coming days. “We won’t be able to create, short term, job opportunities for everybody. Synergies is part of the story,” Ermotti said at an…