UBS CEO Sergio Ermotti has stated that the migration of Credit Suisse clients to UBS is expected to take around 18 months.

Ermotti acknowledged the complexity of the integration process, particularly with regards to IT systems, but expressed confidence that it would ultimately benefit shareholders, clients, and employees.

Ermotti also emphasized the importance of this integration as a case study for regulators evaluating the resolution of systemically important banks. He reiterated UBS's commitment to successfully managing the integration of its former rival, highlighting the significance of this undertaking in the broader financial landscape.