(Wow!) “ prudent culture #UBS “ -- #Ermotti suggests «massive downsizing» might comet ot #CreditSuisse ‘s investment bank – He said that about 10% of CS employees had left the #bank in the past few months @JPBarnert @BloombergTV https://shorturl.at/yzT69
Ermotti Suggests ‘Massive Downsizing’ Might Come to Credit Suisse’s Investment Bank

Credit Suisse Group AG may be due for a “massive downsizing” of its investment banking businesses after its takeover by UBS Group AG, Chief Executive Officer Sergio Ermotti said in an article.

Bloomberg