Kelleher said UBS would be “very selective” in taking on Credit Suisse staff, adding that the bank would be “very careful” in its approach. He said UBS would be looking for “people who fit the culture” and that the bank would have an “incredibly high bar” for those it takes on.
rnrnThe UBS chairman also said the bank would be looking to make sure it was not taking on any “toxic” assets from Credit Suisse. He said UBS would be “very careful” in its approach to the integration of the two banks, and that it would be looking to ensure that the culture of UBS was maintained.