UBS Sees AT1 Market Confidence Return After $36 Billion Demand

Ermotti, who led Switzerland’s biggest bank from 2011 to 2020, was brought back in March to oversee the takeover. UBS on Tuesday reported stronger-than-expected client inflows in its wealth-management business, boosted by the first signs of stabilization at Credit Suisse as it carries out an expensive and complex integration of its former rival.

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