UBS is undergoing a major branch consolidation in Switzerland, with 19 properties being put up for sale as part of its integration strategy following the acquisition of Credit Suisse.
UBS's branch consolidation initiative, known as "Horizon," aims to streamline its operations by closing duplicate branches while retaining strategically valuable locations.
The consolidation effort involves integrating Credit Suisse branches into UBS's existing network.
As part of the Horizon initiative, UBS is offering 19 properties for sale.
The integration process is supported by state guarantees and is expected to enhance operational efficiency and reduce costs for UBS.
The successful execution of this integration is crucial for UBS to maintain its competitive edge and ensure long-term sustainability in the Swiss market.