UBS expects the legal close of its takeover of Credit Suisse will take place in the next few weeks.
At this time, Credit Suisse Group AG will be merged into UBS Group AG and the combined entity will operate as a consolidated banking group.
UBS AG and Credit Suisse AG will continue to operate independently and the integration will take place in a phased manner.
Upon close, UBS Group AG will manage the two separate parent companies – UBS AG and Credit Suisse AG.<...