Bloomberg News

Swiss Bank Mergers to Continue, UBS’s Wiesendanger Tells L’Agefi

December 09, 2011

Dec. 9 (Bloomberg) -- Consolidation in Swiss banking will continue, in particular among firms with international clients, l’Agefi reported, citing an interview with Christian Wiesendanger, the head of UBS AG’s Swiss wealth unit.

UBS is seeing more growth in private banking in Geneva and the Romande region of Switzerland than in Zurich, Wiesendanger told the Swiss newspaper.

--Editor: Matthias Wabl

To contact the reporter on this story: Giles Broom in Geneva at gbroom@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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