ubs sells 19 branches in switzerland amid credit suisse integration

UBS plans to sell 19 branches in Switzerland as part of its strategy to consolidate its branch network after integrating Credit Suisse.

The bank's Real Estate Advisory team will handle the sales, which include properties in various locations.

These branches, no longer needed after the merger, can be acquired individually or as part of a larger portfolio.

UBS intends to close a total of 85 duplicate branches following the Credit Suisse acquisition.

By 2026, the bank aims to maintain a network of 190 branches in Switzerland, aligning with its pre-merger branch count.

This move reflects UBS's ongoing efforts to streamline operations and improve efficiency in its banking services.

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