ubs targets growth in french investment banking market post credit suisse takeover

UBS is placing a stronger emphasis on the investment banking market in France, with the goal of becoming the leading corporate and investment bank in the country.

The Managing Director of UBS in France and Belgium, Henri Mills, highlighted the strategic importance of France, particularly in the mergers and acquisitions sector, where it is the second-largest market in Europe after the UK.

UBS is expanding its corporate banking activities in France following its acquisition of Credit Suisse, having previously relocated operations from London to Frankfurt due to Brexit. The establishment of a new hub in Paris acknowledges the bank's understanding of local preferences among bankers and positions it to better serve the French market. UBS remains committed to its strategic objectives in France, undeterred by potential political challenges.

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