The CEO of UBS, Sergio Ermotti, has stated that it will take around 18 months to migrate Credit Suisse clients to UBS. This migration is a result of UBS acquiring Credit Suisse after the latter's collapse due to scandals.

Ermotti has highlighted the complexity of the IT integration process and mentioned that the transition of customers to the UBS platform is already in progress. He has also emphasized the potential long-term benefits of this integration for shareholders, clients, and employees.

Additionally, Ermotti has noted that this process will serve as a significant case study for regulators evaluating the resolution of systemically important banks. The main goal of this integration is to improve operational efficiency and value as UBS navigates through this complex transition.